International Internet Magazine. Baltic States news & analytics
Saturday, 29.08.2015, 23:56
According to the Tax and Customs Board, the average annual gross income per person in 2014 grew by 4.8% in the year-on-year comparison, to 11,758 euros, writes LETA/Postimees Online.
Keyword tags: Analytics, Estonia, Financial Services, Taxation, Wages
Automobile tax and excise tax on fuel must not be raised if road maintenance funds are not increased in Latvia27.08.2015
Increasing automobile tax and the excise tax on fuel, and at the same time ignoring funding for road construction and maintenance, is unacceptable, Latvian Transport Minister Anrijs Matiss (Unity) said in commenting on proposals for the 2016 state budget, reports LETA.
After a declining trend that lasted for five years, the number of companies with tax debts has started growing again in the first half of 2015, writes Äripäev.ee/LETA.
On August 25th night, the government of Latvia reached agreement in principle on additional budget revenue and reducing almost all ministries' budgets by 3% in 2016, Prime Minister Laimdota Straujuma (Unity) told reporters, cites LETA.
The coalition's budget task forces on August 21st agreed on obtaining additional budget revenue by increasing the gambling tax and excise duty for alcohol, All for Latvia!-For Fatherland and Freedom/LNNK board member Imants Paradnieks told members of the press, cites LETA.
The Lithuanian Government has approved the initiative of the Environment Ministry to raise the tax for amber extraction. A 44-fold tax increase for a kilogramme of pieces of amber greater than 40 millimetres has been proposed, reports LETA/ELTA.
The Ministry of Environment would like to increase taxes for amber extraction in Lithuania. It has proposed to raise taxes for a kilogramme of amber pieces larger than 40 millimetres by 44 times, writes LETA/ELTA.