My name is Kristo Madrus, I’m a lawyer and former diplomat.
I have worked long in the area of tax law, also participated in the negotiation of legislative acts of EU in tax matters. I feel myself especially comfortable with cross-border value added tax topics and with Estonian system for the postponement of personal income tax on income from financial investment (so called investment account system).
Being an expert in taxation you have to know the basic principles of financial accounting. I have put that knowledge into practice providing accounting services for several companies.
Additionally I’m keeping myself up to date on the subject of financial investments. I find it especially interesting to follow and think along with the Financial Independence community.
I drafted the provisions in Estonian Income Tax Act, which brought along, as of 2011, the system allowing the postponement of personal income tax on income from financial investment (so called investment account system). I’m also the main author of the explanatory document “What is the investment account?” (“Mis on investeerimiskonto?”), which is widely spread in Estonian financial independence community and also linked from the web pages of Estonian banks.
I have detailed knowledge of the 1 July 2021 regulation on value added tax (VAT) on e-commerce – i.e. the repeal of VAT exemption of small consignment packages (with a value less than €22) and the simplification of reporting the VAT payable on the import of small consignment packages and on intra-EU e-commerce. As the chair of the EU Council working party on tax questions during the Estonian Presidency of the EU in 2017, I chaired the negotiations of the working party and participated actively in the drafting of the final text of the amendments to the VAT Directive.
madrus.ee
The web page is operated by OÜ Madrus CP, a limited liability company incorcporated in 2018. The company started its activity in rental property market and has gradually expanded to consultations in tax law, accounting and legal issues.
Kristo Madrus, Resumé
Professional Experience
OÜ Madrus CP08/2018 – present |
Founder, Consultant |
inHouse Pay AS04/2021 – present |
Member of the Management Board |
Ministry of Finance of Estonia12/2008 – 04/2021 |
different positions in the departments of tax policy |
Estonian Tax and Customs Board11/2005 – 11/2008 |
Head of Audit Department; |
Higher Education
2002 Õigusinstituut (Tallinn, Estonia), Bachelor of Arts in Law (baccalaureus artium)
Professional Experience
| 08/2018 - present |
OÜ Madrus CPFounder, Consultant |
| 04/2021 - present |
inHouse Pay ASMember of the Management Board |
| 12/2008 - 04/2021 |
Ministry of Finance of EstoniaChief Expert in Customs and Excise Policy Department |
| 01/2017 - 01/2018 |
Permanent Representation of Estonia to the EUFiscal Counsellor (specialised diplomat), Chair of the expert level working party of the Council of the EU |
| 03/2016 - 05/2016 |
European Commission, DG TAXUDNational Expert in Professional Training (NEPT) |
| 10/2010 - 09/2014 |
Permanent Representation of Estonia to the EUFiscal Counsellor (specialised diplomat) |
| 11/2005 - 11/2008 |
Estonian Tax and Customs Board, Eastern Regional OfficeHead of Audit Department |
| 10/2004 - 11/2005 |
Ministry of Finance of EstoniaChief Expert in Tax Policy Department |
| 07/2002 - 10/2004 |
Estonian Tax and Customs Board, Eastern Regional OfficeLeading Inspector in the sub-unit of the Legal Department dealing with tax misdemeanours |
Higher Education
2002 Õigusinstituut (Tallinn, Estonia), Bachelor of Arts in Law (baccalaureus artium)
Additional Training
2019 Unifersity of Tartu, Vocational updating training course on Information Technology Law
2007 OÜ Invicta, Leadership training for middle managers