Ričards Uncategorized Comments Off on New Dividend Tax Framework from 2026 – What Will It Mean for Companies and Investors? New Dividend Tax Framework from 2026 – What Will It Mean for Companies and Investors? From 1 January 2026, significant amendments to the Latvian Corporate Income Tax (CIT) and Personal Income Tax (PIT) framework will [...] Read more
Ričards Uncategorized Comments Off on Amendments to the Construction Law: less bureaucracy and more opportunities to build independently Amendments to the Construction Law: less bureaucracy and more opportunities to build independently On 7 January 2026, significant amendments to the Construction Law entered into force, aimed at reducing bureaucracy and expanding opportunities [...] Read more
Ričards Uncategorized Comments Off on Significant changes to the Personal Income Tax regulation are planned Significant changes to the Personal Income Tax regulation are planned Draft amendments No. 25-TA-157 to the Law “On Personal Income Tax” are currently under the coordination process. The submitted amendments [...] Read more
Ričards Uncategorized Comments Off on Crypto Transactions and Tax Transparency: What the New Automatic Exchange of Information Means from 2026 Crypto Transactions and Tax Transparency: What the New Automatic Exchange of Information Means from 2026 Cabinet of Ministers Regulation No. 751 of 9 December 2025(enters into force on 1 January 2026) On 9 December 2025, [...] Read more
Ričards Uncategorized, Uncategorized, Uncategorized, Uncategorized, Uncategorized, Uncategorized, Uncategorized, Uncategorized, Uncategorized Comments Off on State Revenue Service Information Request – When Is a Response Required and When Can It Be Challenged? State Revenue Service Information Request – When Is a Response Required and When Can It Be Challenged? In recent years, information requests issued by the State Revenue Service (VID) to taxpayers have gained increasing importance in tax [...] Read more
Ričards Uncategorized Comments Off on Crypto Assets and Taxes in Latvia — Key Points in One Place Crypto Assets and Taxes in Latvia — Key Points in One Place In a previous article, we informed readers about the new regime for the supervision of crypto-asset transactions, including the automatic [...] Read more
Ričards Uncategorized Comments Off on Can a Board Member Be Held Liable for Tax Debts If the Company No Longer Exists? Can a Board Member Be Held Liable for Tax Debts If the Company No Longer Exists? The Supreme Court Provides a Clear Answer The State Revenue Service (VID) has long exercised the option to recover overdue [...] Read more
Ričards Uncategorized Comments Off on New Framework for Crypto-Asset Transaction Oversight: Latvia to Introduce Automatic Information Exchange New Framework for Crypto-Asset Transaction Oversight: Latvia to Introduce Automatic Information Exchange Latvia has released for public consultation the Cabinet of Ministers draft regulation “Regulations on the Automatic Exchange of Information on [...] Read more
Ričards Uncategorized Comments Off on New E-Invoice Circulation Rules and Data Submission to the SRS New E-Invoice Circulation Rules and Data Submission to the SRS The State Revenue Service (SRS) and the Cabinet of Ministers have approved a new procedure regulating how companies and institutions [...] Read more
Ričards Uncategorized Comments Off on Ban on Property Purchases in Latvia for Russian and Belarusian Citizens Ban on Property Purchases in Latvia for Russian and Belarusian Citizens To strengthen national security and prevent potential threats to the country’s interests, on 19 June 2025, the Latvian Parliament (Saeima) [...] Read more