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Latvia News - Business, Taxation & Offshore


Latvian Parliament Adopts Tax Reform

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, August 3, 2017

Latvia's parliament, the Saeima, has approved tax reform legislation under which corporate income will not be taxed until profits are distributed. Read Full Story


EU Car Makers Fear Tax Hike For New Cars

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, August 2, 2017

European car manufacturers have called on governments to ensure that a new test for measuring vehicle emissions does not create tax distortions for new cars entering the market.Read Full Story


Latvian Bank To Appeal French Tax Fine

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, July 12, 2017

Latvia's Rietumu Banka has said that it "strongly disagrees" with a French court's decision that it enabled a "large scale" tax evasion scheme and intends to challenge the ruling.Read Full Story


Switzerland, Latvia Revise Tax Treaty To Tackle BEPS

by Ulrika Lomas, Tax-News.com, Brussels

Friday, June 30, 2017

On June 28, 2017, the Swiss Federal Council adopted the dispatch on a revised double taxation agreement with Latvia and submitted it to Parliament for approval.Read Full Story


Latvia To Ditch Flat Tax On Income

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, June 29, 2017

Latvia's Prime Minister has announced plans to replace the country's flat tax on personal income with a progressive rate structure.Read Full Story


New EU Agency To Pursue VAT Fraudsters

by Ulrika Lomas, Tax-news.com, Brussels

Friday, June 9, 2017

Twenty EU member states have reached a deal on the establishment of a new European Public Prosecutor's Office that will have the power to investigate and prosecute criminal cases affecting the EU budget. Read Full Story


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