Taxation

International Internet Magazine. Baltic States news & analytics Sunday, 22.04.2018, 13:41

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AHK: foreign investors critical of Latvia's tax reform, business environment in general

AHK: foreign investors critical of Latvia's tax reform, business environment in general

20.04.2018

Foreign investors are on the whole satisfied with business environment in Latvia but in a number of investment criteria have given the country lower ratings compared to the previous year and are critical of Latvia's tax reform in particular, writes LETA, according to the annual survey carried out by the German-Baltic Chamber of Commerce in Estonia, Latvia and Lithuania (AHK).

Keyword tags: Analytics, EU – Baltic States, Investments, Markets and Companies, Taxation



Maxima, Latvijas Dzelzcels and Rimi are Latvia’s largest employers

Maxima, Latvijas Dzelzcels and Rimi are Latvia’s largest employers

19.04.2018

Latvijas Dzelzcels state-owned railway company, and Maxima and Rimi retailers were the largest employers in Latvia, writes LETA. according to the State Revenue Service.

Companies in Latvia to be able to combine several tax payments into one

Companies in Latvia to be able to combine several tax payments into one

18.04.2018

The Latvian Cabinet of Ministers on April 17th approved several legislative proposals by the Finance Ministry to unify the deadlines for regular payments of taxes administrated by the State Revenue Service, reports LETA.


Lithuanian economists, trade unions cautiously welcome tax reform plans

Lithuanian economists, trade unions cautiously welcome tax reform plans

17.04.2018

Lithuanian economists and trade union officials say that the government's planned tax and pension system reform unveiled on Monday will lead to a rise in wages, but will not help to drastically curb emigration, writes LETA/BNS.

Fuel tax fraud group suspected of concealing tax liability worth EUR 800,000 in Estonia

Fuel tax fraud group suspected of concealing tax liability worth EUR 800,000 in Estonia

16.04.2018

Officials of the investigation department of the Estonian Tax and Customs Board (MTA) at the start of April 2018 detained six persons as suspects in a VAT fraud case connected to fuel, which resulted in concealed tax liability in the amount of nearly 800,000 euros, and three of the suspects were taken into custody at the request of the prosecutor's office, reports LETA/BNS.


13.04.2018

Tax revenue to Latvian budget 1.4% short of target in Q1

Revenue to the Latvian central government consolidated budget administrated by the State Revenue Service in Latvia was EUR 2.066 billion in the first quarter of 2018 and stood at 98.6% of the planned amount, the tax authority said, cites LETA.

05.04.2018

Circle K, Orlen and Neste were Latvia's biggest taxpayers in 2017

Three oil product distributors - Circle K Latvia, Orlen Latvija and Neste Latvija - emerged as last year’s biggest taxpayers in Latvia, information available on the State Revenue Service’s website shows, cites LETA.

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