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taxes

Tax revenues exceed plan this year

Representatives of the Ministry of Finance said that in the first five months of this year, 166.4 million euros, or 3.2% more than planned,...

Banks don’t want a surplus tax, but does that go against their profit source customers?

In Lithuania, an excess profit tax for banks has already been introduced, but in Latvia this is still a matter of debate. A...

Tax debts decreased in Latvia

According to data from the State Revenue Service (SRS), Latvia's total tax debt at the beginning of June reached 847,075 million euros, which is...

Some residents are required to file their annual income statements by Monday.

According to the information of SRS representatives, residents who are required to file an annual income statement and whose total income exceeded 78,100 euros...

Tax, the flat tax for employees off the radar of the reform

The hypothesis of extending the flat tax on employee wage increases no longer seems to be on the table. ...

Amendment to reduce taxes on employee bonuses and overtime, flat tax suspended

By suspending the increase in the flat tax for employees, the amendment introduces a preferential tax "on productivity bonuses, on...

Three businessmen sentenced to prison for tax evasion

The Riga District Court sentenced the three businessmen to one year, eight months and ten months respectively for tax evasion, the prosecutor's office reported.The...

Crime News Today, 2:50 PM Two-year prison sentence for tax evasion comes into effect

The Zemgale District Court's decision last year came into effect after the Supreme Court of Appeals (EC) refused to initiate the appeal process, according...

At the beginning of May, total tax liabilities in Latvia rose to 857.4m euros.

At the beginning of May this year, the total tax liability in Latvia amounted to EUR 857.38 million, including current, deferred debts and repayment...

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