All posts by Ričards

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 [...]

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In a previous article, we informed readers about the new regime for the supervision of crypto-asset transactions, including the automatic [...]

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The Supreme Court Provides a Clear Answer The State Revenue Service (VID) has long exercised the option to recover overdue [...]

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Latvia has released for public consultation the Cabinet of Ministers draft regulation “Regulations on the Automatic Exchange of Information on [...]

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The State Revenue Service (SRS) and the Cabinet of Ministers have approved a new procedure regulating how companies and institutions [...]

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To strengthen national security and prevent potential threats to the country’s interests, on 19 June 2025, the Latvian Parliament (Saeima) [...]

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In day-to-day accounting practice, it’s not uncommon for a company to accidentally overpay an invoice — for example, paying €80 [...]

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Good news for anyone planning to start or grow a business in Latvia – starting from 16 July 2025, amendments [...]

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Important to Know About Opening and Notifying the SRS About an Investment AccountIf you open an investment account at a [...]

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When a company enters into an operating lease agreement for a vehicle, it is recorded in the accounting as a [...]

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