International Internet Magazine. Baltic States news & analytics
Monday, 30.03.2015, 15:54
Estonian Finance Minister Maris Lauri met on Thursday in Tallinn with her French counterpart, Michel Sapin, to discuss supporting EU's economic growth and initiatives meant to combat tax evasion and the financing of terrorism, finance ministry announced LETA.
Keyword tags: Estonia, EU – Baltic States, Financial Services, Taxation
Reviewing the bill on microenterprise tax in the second reading today, Saeima decided that the rate would remain 9% during a three-month period after a microenterprise is established, provided that the question of compulsory social contributions paid by employees is solved, informs LETA.
The regulations, which stipulate that small hydropower plants in Latvia have to pay natural resources tax do not go against the Constitution, as the Constitutional Court has concluded, informs LETA.
With regard to business environment, the government's top priority is to bring order to the insolvency process, Prime Minister Laimdota Straujuma (Unity) said during a conference of the Employers' Confederation of Latvia yesterday, cites LETA.
According to the Ministry of Finance, the Estonian state budget collected revenue of 1.33 billion euros in the first two months of the year 2015; this is 15.7% of the total amount planned in the budget, informs LETA.
At the beginning of 2015, revenues from value added tax, personal income tax, and social insurance contributions have been lower than in the same period in 2014, Latvian Finance Minister Janis Reirs (Unity) said in an interview with the Latvian State Radio today, cites LETA.
Most residents of Latvia do not support the idea that taxes could be raised in order to increase defense spending, according to a public opinion survey carried out by TNS in cooperation with the LNT television, cites LETA.