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Wednesday, 10.02.2016, 12:46
The Estonian Tax and Customs Board in January 2016 collected 627 million euros in taxes, 12.6% more than in January 2015, the Ministry of Finance said, cites LETA/BNS.
Keyword tags: Estonia, Financial Services, Taxation
In 2015, tax revenues to the general government consolidated budget were EUR 7 billion, growing by 4.9% from EUR 6.67 billion collected in 2014 in Latvia, the information published by the Finance Ministry suggests, cites LETA.
Hotels and restaurants operating in Estonia paid in 2015 taxes totaling more than 151 million euros, nearly 11% more than a year earlier, informs LETA/BNS.
New amendments to the law on corporate income tax in Latvia, which Saeima has passed in the final reading, will oblige payers of corporate income tax to inform the State Revenue Service about all deals with entities registered in low tax and tax-free areas, as well as about payments to nonresidents, informs LETA.
A total of 7.98 billion euros of revenue was paid into the Estonian state budget during 2015, 171.3 million euros more than the year before, and tax revenue was bigger by 483.1 million euros or 7.3%, the Finance Ministry said on February 3rd, informs LETA/BNS.
Since September 2010, 74,698 business operators applied for status of micro enterprise tax payer in Latvia
The Latvian State Revenue Service and the Enterprise Register in the time period between September 1, 2010, when the micro enterprise tax was introduced in Latvia, till February 1, 2016, have received a total of 74,698 applications from tax payers seeking the status of micro enterprise tax payers, informs LETA.
The Estonian Tax and Customs Board bust up 11 criminal groups in 2015, informs LETA/BNS.