What are sanctions? Law on International and National Sanctions of the Republic of Latvia Section 2. Purpose and Scope of [...]
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All posts by Ričards
Recovery of Tax Debt from the Board Member of a Legal Entity
Currently, the issue of the State Revenue Service (SRS) pursuing debt recovery against board members for company tax debts is [...]
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Shadow Economy in Latvia decreased to 22.9% of GDP in 2023
According to the latest data from the Stockholm School of Economics in Riga (SSE Riga) "Shadow Economy Index for the [...]
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Planned Increase in Company Size Criteria in the Annual Accounts Act
On June 7 of this year, the draft law No. 627/Lp14 "Amendments to the Annual Accounts and Consolidated Annual Accounts [...]
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Companies Must Report Payments to Countries Outside the EU
To improve the availability of information on financial flows between the European Union (EU) and third countries, EU sanctions against [...]
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The annual income tax return for the year 2023 must be submitted obligatorily. Can foreigners be obligated to submit a declaration and pay taxes in Latvia?
Sāksim ar to, ka likums “Par iedzīvotāju ienākuma nodokli” nosaka to personu kategorijas, kurām ir jāmaksā iedzīvotāju ienākuma nodoklis. Iedzīvotāju [...]
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Amendments to regulatory acts regarding the implementation of partnership from July 1, 2024, what awaits us?
On November 9, 2023, the Saeima adopted the regulation of cohabitation of unmarried couples and conceptually supported amendments to several [...]
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