International Internet Magazine. Baltic States news & analytics
Monday, 29.08.2016, 15:53
The Estonian Center of Registers and Information Systems (RIK) is about to develop an e-solution for micro undertakings by next year enabling them to compile their annual reports also in English language in such way that the document eventually filed is completed in Estonian, reports LETA/BNS.
Keyword tags: Estonia, Financial Services, Taxation
Tax revenues in the Latvian budget beat the target by 0.4 percent in the first seven months of this year, the Finance Ministry informed LETA.
Although fuel company Olerex said on Tuesday that due to the fuel excise duty rise the Estonian state will lose up to 35 million euros in taxes, according to the Ministry of Finance fuel excise duty receipts rose nearly 15% on year in the first seven months of the year and are to total 481 million euros at the end of the year, reports LETA/BNS.
Gardeners in Lithuania feel being mistreated by the state, as their crops cannot compete with imported apples on legal terms, Lietuvos Zinios daily said, cites LETA/BNS.
The tax revenue growth rate in Latvia has slowed down this year compared to 2015, Kaspars Abolins, the head of the Treasury, said on the morning news program of the LNT on Tuesday, cites LETA.
A member of the board of the Estonian dairy company AS Tere, Oliver Kruuda, and chairman of the company's supervisory board Allan Viirma who were detained as suspects in a tax fraud case on Tuesday were released on Wednesday evening, reports LETA/BNS.
After the current head of the State Environmental Service Inga Kolegova took her name out of the running to become the next general-director of the State Revenue Service today, candidates are invited to apply for the vacant post, Prime Minister Maris Kucinskis' press secretary Andrejs Vaivars told LETA.