Taxation

International Internet Magazine. Baltic States news & analytics Tuesday, 01.12.2020, 20:12

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Social security contributions in Latvia to be cut by 1 pp in 2021

Social security contributions in Latvia to be cut by 1 pp in 2021

27.11.2020

Social security contributions in Latvia will be cut by one percentage points as of next year under draft amendments to the law on state social insurance, which the Latvian Saeima passed in the final reading on November 27th, cites LET.

Keyword tags: Financial Services, Latvia, Legislation, Markets and Companies, Society, Taxation



Micro enterprise tax regime in Latvia to be reorganized in 2021

Micro enterprise tax regime in Latvia to be reorganized in 2021

27.11.2020

After lengthy and heated debate, the parliament in Latvia in the final reading endorsed amendments to the Micro Enterprise Tax Law, informs LETA.

Latvia: Micro enterprise tax regime to be reorganized in 2021

Latvia: Micro enterprise tax regime to be reorganized in 2021

27.11.2020

fter lengthy and heated debate, the parliament in the final reading endorsed amendments to the Micro Enterprise Tax Law, writes LETA.


Self-employed in Latvia that earn less than minimum wage to pay 10% in taxes

Self-employed in Latvia that earn less than minimum wage to pay 10% in taxes

16.11.2020

As of the year 2021, self-employed people in Latvia that earn less than the minimum wage will be paying 10 percent of their income in taxes, the government coalition decided today, informs LETA,

Lithuania's budget revenue EUR 959 mln below target in Jan-Oct

Lithuania's budget revenue EUR 959 mln below target in Jan-Oct

13.11.2020

Lithuania's central government and municipalities collected a total of 8.591 billion euros in budget revenue between January and October, 959.1 mln euros, or 10%, below the projected level and 226 mln euros, or 2.6%, lower that in the same period last year, the Finance Ministry said on Friday, writes LETA/BNS.


13.11.2020

Tax debt in Latvia at EUR 949.7 mln in early November

At the beginning of November 2020, tax debts in Latvia stood at EUR 949.73 million, a decrease of 2.6% month-on-month, writes LETA, according to the State Revenue Service.

13.11.2020

Latvian sculptors cover up statues to protest tax hike

Latvian sculptors on Thursday began covering up their monuments with dark plastic to hide them from public view in protest against a proposed tax hike on artist earnings, writes LETA/AFP.

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