Taxation

International Internet Magazine. Baltic States news & analytics Thursday, 02.10.2014, 15:27

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Lithuanian PM not distressed about Chevron's decision

Lithuanian PM not distressed about Chevron's decision

02.10.2014

Lithuanian Prime Minister Algirdas Butkevicius is convinced that Lithuania will find alternative investors as the energy giant Chevron has dropped its intentions to invest in the Lithuanian shale gas sector, reports LETA/ELTA.

Keyword tags: Energy, Gas, Legislation, Lithuania, Taxation



Grybauskaite – the richest among top politicians in Lithuania

Grybauskaite – the richest among top politicians in Lithuania

01.10.2014

President Dalia Grybauskaite is the richest among the top three Lithuanian politicians. Her assets amount to LTL 2.45 million (EUR 710,000) and she has no debt, informs LETA/ELTA.

Tax rates to be altered no more often than once a year in Latvia

Tax rates to be altered no more often than once a year in Latvia

30.09.2014

Tax rates will be altered no more often than once in a year in Latvia, according to amendments to the Law on Taxes and Fees that the government approved today, reports LETA.


Estonian budget collects 63.7% annual revenue in 8 months

Estonian budget collects 63.7% annual revenue in 8 months

30.09.2014

According to the Estonian Ministry of Finance, the Estonian state budget collected revenue of 5.11 billion euros in the first eight months of the year, which is 63.7% of the total amount planned in the budget for the year, LETA/Postimees Online reports.

VAT payment by Estonian fuel companies increased by 38% in 2014

VAT payment by Estonian fuel companies increased by 38% in 2014

30.09.2014

The collection of VAT among companies who are registered as liquid fuel operators in Estonia has increased this year by 30 million euros, or 38%, said the Tax and Customs Board, LETA/Postimees Online reports.

29.09.2014

Latvia and Qatar sign agreement on double taxation avoidance

On the sidelines of the UN General Assembly in New York yesterday, Latvian Foreign Minister Edgars Rinkevics (Unity) met with the economy minister of Qatar Sheikh Ahmed bin Jassim Al Thani, during which the two sides signed an agreement on the avoidance of double taxation, LETA was informed by the Foreign Ministry.

26.09.2014

Member states have to comply with the VAT rules in EU

EU member states are still having problems in dealing with the EU’s VAT rules. Recently the Commission decided to refer Holland and Germany to the Court of Justice for failing to comply with the EU rules on VAT.

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