Taxation

International Internet Magazine. Baltic States news & analytics Sunday, 04.12.2016, 03:51

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Reform of micro enterprise tax to be postponed until adoption of new regulation

Reform of micro enterprise tax to be postponed until adoption of new regulation

02.12.2016

The planned reform of micro enterprise tax, which is charged on small enterprises in Latvia, will be postponed until a new alternative regulation is adopted, Prime Minister Maris Kucinskis (Greens/Farmers) and Economics Minister Arvils Aseradens agreed with the Latvian Chamber of Commerce and Industry (LCCI) on Friday, BC told LCCI representative.

Keyword tags: Business, Good for Business, Latvia, Law and Regulations, Markets and Companies, Taxation



Tax revenues to Latvian budget in January-October meet target by 100.4%

Tax revenues to Latvian budget in January-October meet target by 100.4%

29.11.2016

Tax revenues to the Latvian general government consolidated budget in the first ten months of 2016 meet the target by 100.4 %, exceeding the planned revenues by EUR 26.2 mln, the Finance Ministry said.

Estonia launches application for declaring parcels online

Estonia launches application for declaring parcels online

29.11.2016

Estonian Tax and Customs Board on Tuesday launched an application for declaring parcels online, writes LETA/BNS.


Opposition party asks Latvian president not to promulgate new social insurance rules

Opposition party asks Latvian president not to promulgate new social insurance rules

29.11.2016

The opposition Latvian Alliance of Regions (LRA) has requested Latvian President Raimonds Vejonis not to promulgate the legislative amendments under which the mandatory state social insurance contributions will have to be paid based on the full amount of minimum wage even in case of part-time employees receiving less than the minimum wage, reports LETA.

Estonian Cell says natgas excise hike would render investments pointless

Estonian Cell says natgas excise hike would render investments pointless

25.11.2016

The aspen pulp producer Estonian Cell is seeking cancellation of a planned 2.3-fold rise in excise duty on natural gas or alternatively a tax exception for large companies as otherwise the company's previous investments in energy efficiency would be rendered pointless, writes LETA/BNS.


24.11.2016

LPG to sack 185 workers due to new social contributions system

Taking into account changes to social contributions from 2017, Latvijas Propana Gaze liquefied gas company is planning to lay off about 185 workers, reports LETA.

23.11.2016

More than 50,000 business operators pay micro enterprise tax in Latvia

At present more than 50,000 business operators are paying microenterprise tax in Latvia, and their aggregate turnover this year has reached EUR 327.3 million, according to the Finance Ministry information writes LETA.

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