Taxation

International Internet Magazine. Baltic States news & analytics Monday, 26.09.2016, 16:57

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100 biggest tax debtors owe EUR 293.732 mln to Latvian state

100 biggest tax debtors owe EUR 293.732 mln to Latvian state

19.09.2016

Latvia's top 100 tax debtors owed EUR 293.732 mln to the state as at September 1, 2016, which is by 0.2% more than a month ago, according to the information from the State Revenue Service (VID) writes LETA.

Keyword tags: Financial Services, Latvia, Markets and Companies, Statistics, Taxation



E-commerce sector attracts EU attention: changes expected

E-commerce sector attracts EU attention: changes expected

19.09.2016

Commission's preliminary report on e-commerce sector in the EU confirms fast growth of e-commerce and identifies business practices that might restrict competition and limit consumer choice. The Commission's Digital Single Market Strategy has already identified a number of regulatory barriers that hinder cross-border e-commerce.

Tax good governance: the EU promotes fair rules in the world  tax

Tax good governance: the EU promotes fair rules in the world tax

16.09.2016

The European Commission is compiling a first common EU list of non-cooperative tax jurisdictions and presenting pre-assessment indicators on all third countries. Now the EU states can choose which countries should be screened more fully so as to accurately pinpoint the countries which do not play by the EU taxation rules. Thus, a new “tax good governance” regime has emerged…


Total tax debt in Latvia at EUR 1.421 bln in early September

Total tax debt in Latvia at EUR 1.421 bln in early September

15.09.2016

At the beginning of September 2016, tax debts in Latvia totaled EUR 1.421 bln, down 0.3% month-on-month, according to the information released by the State Revenue Service writes LETA.

Some 100,000 people in Latvia prefer to be paid under the table

Some 100,000 people in Latvia prefer to be paid under the table

14.09.2016

There are some 100,000 people in Latvia who, due to various financial problems they have, prefer to be paid their wages under the table, as the Association of Latvian Commercial Banks President Martins Bicevskis told Saeima Budget and Finance Committee, reports LETA.


12.09.2016

VP Group's shareholders questioned in Estonian tax probe

Shareholders of the so-called Vilniaus Prekyba (VP) Group, one of Lithuania's biggest business groups, were summoned to the Vilnius Regional Tax Inspectorate on Monday in connection with a probe conducted by Estonia's tax authorities, representatives of Mindaugas Marcinkevicius, a minority shareholder, confirmed to LETA/BNS.

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