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International Internet Magazine. Baltic States news & analytics Thursday, 25.04.2024, 17:28

Largest taxpayer in Latvia in 2014 – Statoil

BC, Riga, 01.04.2015.Print version
Fuel traders Statoil Fuel&Retail Latvia, Orlen Latvija Ltd. and Neste Latvija were the largest taxpayers in Latvia in 2014, as the State Revenue Service's Communication Department informed LETA.

Statoil Fuel&Retail Latvia paid EUR 198.2 million in taxes last year, Orlen Latvija Ltd. – EUR 144.3 million, but Neste Latvija Ltd' – EUR 134.6 million.

 

The other top-ten taxpayers in Latvia last year were the gas supply company Latvijas Gaze (EUR 132.6 million), tobacco producer Philip Morris Latvia (EUR 86.5 million), railroad company Latvijas Dzelzcels (EUR 74.35 million), fuel trader LUKoil Baltija R (EUR 72.77 million), Baltic Sales Network Ltd. (EUR 70.9 million), joint-stock power supply company Latvenergo (EUR 58.56 million), and joint-stock alcoholic beverage producer Latvijas balzams (EUR 55.59 million).

 

The State Revenue Service collected taxes from a total of 86,265 companies operating in Latvia last year.

 

As reported, the total state budget tax revenue amounted to EUR 5.29 billion last year, as State Revenue Service Director Inara Petersone told media representatives today.

 

Salary tax revenue reached EUR 2.51 billion, other tax revenues – EUR 2.78 billion.

 

Mandatory state social insurance contributions amounted to EUR 1.58 billion, personal income tax – EUR 933.47 million.

 

Limited liability companies were the most active taxpayers in 2014, contributing EUR 4.26 billion to the state budget, followed by joint stock companies – EUR 1.03 billion, and individual merchants – EUR 8.99 million.






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