Taxation

International Internet Magazine. Baltic States news & analytics Tuesday, 25.09.2018, 06:40

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Saeima of Latvia supports in principle raising non-taxable minimum income on pensions to 330 euros in 2021

Saeima of Latvia supports in principle raising non-taxable minimum income on pensions to 330 euros in 2021

20.09.2018

Saeima of Latvia today in the first reading supported a bill, providing to raise the non-taxable minimum income on pensions to 330 euros a month starting from 2021, informs LETA.

Keyword tags: Good for Business, Latvia, Pensioners, Taxation



Estonia-Japan double taxation avoidance treaty to enter into force end of September

Estonia-Japan double taxation avoidance treaty to enter into force end of September

30.08.2018

Estonia and Japan on Thursday exchanged diplomatic notes which at the end of September, 2018, will bring into force an agreement to avoid double taxation between the two countries, informs LETA/BNS.

Latvia records its largest budget surplus yet – 678 mln euros

Latvia records its largest budget surplus yet – 678 mln euros

24.08.2018

During the first seven months of 2018 the Latvian general government consolidated budget accumulated a 678.1 mln euros surplus, which is the largest ever recorded in Latvia and 384.5 mln euros larger than a year ago, informs LETA referring to the Finance Ministry.


Most entrepreneurs in Latvia blame shadow economy on high taxes – survey

Most entrepreneurs in Latvia blame shadow economy on high taxes – survey

20.08.2018

Most entrepreneurs in Latvia, or 56%, believe that excessively high taxes are the main factor fueling shadow economy, informs LETA referring to the Latvian Alternative Financial Services Association.

Estonia's illicit cigarette market moving to southern border towns - study

Estonia's illicit cigarette market moving to southern border towns - study

15.08.2018

The smoking of counterfeited and illicit cigarettes was on a slight upward trend in Estonia in the second quarter of this year, and as a result of cross-border trade the market for cigarettes not bearing Estonian tax stamps is concentrating in towns near the country's southern border from the northeast, it appears from an empty pack survey conducted by market research company Nielsen, cited LETA/BNS.


13.08.2018

Fitch revises Lithuania's rating outlook from stable to positive

Fitch Ratings has revised the outlook on Lithuania's long-term foreign-currency credit rating from stable to positive, informs LETA/BNS referring to the Finance Ministry of Lithuania.

13.08.2018

Nortal asking Estonia to sign agreement on avoidance of double taxation with Botswana

Estonian software and business consulting firm Nortal has turned to deputy secretary generals of the Foreign Ministry and the Finance Ministry with a wish of Estonia entering into an agreement on the avoidance of double taxation with Botswana, informs LETA/BNS.

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