International Internet Magazine. Baltic States news & analytics
Monday, 20.01.2020, 01:01
Northern Horizon Capital AS (the Management Company) as the management company of Baltic Horizon Fund (the Fund) has declared a cash distribution to its unitholders which implies a 2% yield on the Fund’s 2016 Q4 weighted average NAV, Baltic Horizon Fund representative announced BC.
Keyword tags: Baltic, Financial Services, Funds
Lithuanian Finance Minister Vilius Sapoka has sacked Dainoras Bradauskas, head of the State Tax Inspectorate (STI), after a commission set up by the ministry recommended firing him for corrupt activities and gross official misconduct, reports LETA/BNS.
On the 18th of January, Lithuania's Cabinet of Ministers approved two separate PPP police infrastructure projects in Kaunas and Panevezys. The approval gives a green light to the Police Department under the Ministry of the Interior to commence tendering procedures as soon as the necessary preparations have been completed.
The Financial Police under the Latvian State Revenue Service has caught two gangs, who had been operating for nearly two years, causing great losses to the national budget through value-added tax (VAT) fraud, the State Revenue Service said LETA/BNS.
The Estonian government at Thursday's Cabinet meeting gave its backing to lowering the income tax rate for mature companies, restricting withdrawal of profit from subsidiaries in the form of loans and easing the taxation of and financial reporting rules for self-employed persons, informs LETA/BNS.
f the listed Estonian electrical equipment maker Harju Elekter accepted Indian Motherson Sumi's offer for PKC shares it would earn 25.8 mln euros from the transaction, reports LETA/BNS.
Lithuania should secure permits to export beef and poultry products to Japan by the beginning of March, which would enable Lithuanian producers to seek direct opportunities to export their products to the market, Ambassador to Japan Egidijus Meilunas says LETA/BNS.