Budget, Financial Services, Latvia
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Friday, 26.04.2024, 16:46
Latvian budget revenue to grow by 5.4% in 2015
BC, Riga, 22.01.2015.
Print version
Print versionThe state budget revenue forecast in 2015 is 5.4% higher than in 2014 in Latvia, the State Revenue Service (SRS) Director Inara Petersone told the press representatives today, cites LETA.
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Revenue from value added tax is expected to grow by 7.4% (EUR 132.7 million), as compared to 2014.
Enterprise income tax is expected to generate 7.1% (EUR 25.28) more revenue than in 2014.
Petersone said that state social insurance mandatory contributions could generate 6.6% revenue (EUR 147 million).
In total, SRS administrative budget revenue is expected to grow EUR 380.09 million, reaching EUR 7.464 billion. Tax revenue is expected to grow EUR 366.18 million, reaching EUR 7.102 billion.
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