Taxation

International Internet Magazine. Baltic States news & analytics Monday, 29.05.2017, 14:36

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Three Lithuanian bitcoin traders conceal EUR 0.4 mln in income

Three Lithuanian bitcoin traders conceal EUR 0.4 mln in income

23.05.2017

Three Lithuanian bitcoin traders have concealed 380,000 euros in income and failed to pay 32,000 euros in taxes, the State Tax Inspectorate, or VMI, said LETA/BNS.

Keyword tags: EU – Baltic States, Financial Services, Legislation, Taxation



Latvia's tax reform may cause significant deviation from permissible budget deficit level next year

Latvia's tax reform may cause significant deviation from permissible budget deficit level next year

23.05.2017

The European Commission's analysis of Latvia's tax reform concludes that there is a significant risk of deviation from the Stability and Growth Pact requirements for 2018, informed LETA.

Cadastral values in Latvia to be frozen for two more years

Cadastral values in Latvia to be frozen for two more years

18.05.2017

The Latvian parliament in the final reading today adopted the legislative amendments proposed by the Justice Ministry, providing that cadastral values of real estate properties will be frozen for two more years, reports LETA.


Latvia's Ditton PKR motor chain company joins Latgale Special Economic Zone

Latvia's Ditton PKR motor chain company joins Latgale Special Economic Zone

17.05.2017

Latvia's Ditton Pievadkezu Rupnica (Ditton PKR) motor chain plant, based in the southeastern Latvian city of Daugavpils, has joined Latgale Special Economic Zone, reports LETA.

Latvia's pension system stable, yet there is room for improvement - Audit Office

Latvia's pension system stable, yet there is room for improvement - Audit Office

16.05.2017

Latvian pension system is stable, yet there is room for improvement, according to the State Audit Office conclusions writes LETA.


11.05.2017

Estonian logistics businesses want government to cut fuel duty to Latvian level

Citing the need to improve Estonia's competitiveness internationally, transport and logistics sector associations have issued a call for the government to lower the fuel excise duty to the same level with Latvia, informed LETA/BNS.

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