Covid-19, Financial Services, Latvia, Legislation, Markets and Companies, Taxation
International Internet Magazine. Baltic States news & analytics
Saturday, 27.04.2024, 04:05
Tax holidays granted to 5,450 Latvian companies
BC, Riga, 06.05.2020.
Print version
Print versionBy Tuesday afternoon, May 5th, the State Revenue Service (VID) has granted tax holidays to 5,450 companies in Latvia, LETA was told at the Revenue Service.
 |
|---|
Tax holidays have been granted for the total sum of EUR 89,077,070.
Of these companies, 25% represent wholesale and retail, a well as car and motorcycle repairs, 15% represent the accommodation and catering services, and 10% - the manufacturing sector.
The Revenue Service's head Ieva Jaunzeme said earlier that around 1% of tax holiday requests have been denied.
As reported, in order to ensure support to businesses affected by the Covid-19 crisis, it is planned to provide tax holidays for a period of up to three years.
Other articles:
- 28.01.2022 BONO aims at a billion!
- 25.01.2021 Как банкиры 90-х делили «золотую милю» в Юрмале
- 30.12.2020 Накануне 25-летия Балтийский курс/The Baltic Course уходит с рынка деловых СМИ
- 30.12.2020 On the verge of its 25th anniversary, The Baltic Course leaves business media market
- 30.12.2020 Business Education Plus предлагает анонсы бизнес-обучений в январе-феврале 2021 года
- 30.12.2020 Hotels showing strong interest in providing self-isolation service
- 30.12.2020 EU to buy additional 100 mln doses of coronavirus vaccine
- 30.12.2020 ЕС закупит 100 млн. дополнительных доз вакцины Biontech и Pfizer
- 29.12.2020 В Rietumu и в этот раз создали особые праздничные открытки и календари 2021
- 29.12.2020 Latvia to impose curfew, state of emergency to be extended until February 7
«The Baltic Course» Is Sold and Stays in Business!
