What kind of state support measures are put into effect in the field of taxation?

On 26 September 2006, the Cabinet of Ministers adopted a new Regulation on Application of the Law on Personal Income Tax. The Regulation entered in force retroactively as of 1 September 2006 and replaced the previously existing Regulation carrying the same name

The new VAT rules on the sale of property have been in force for over a year.

On 17 December 2020 amendments to the Personal Income Tax Law were approved by the Latvian Parliament.

On 17 December 2020 amendments to the Personal Income Tax Law were approved by the Latvian Parliament.

Latvia is set to significantly reform its natural resources tax framework for renewable energy projects, introducing a substantial reduction in the BESS tax rate from EUR 17.03/kg to EUR 2.00/kg and expanding exemption eligibility beyond solar installations. The amendments will eliminate the current 1 MW minimum capacity threshold and remove supplier guarantee exemptions, while establishing new procedures for waste management compliance across all battery storage systems.

Sustainability and Taxes—two words that can send shivers down the spine of some business leaders. However, in a move to encourage companies to adopt more sustainable practices...

On 26 October 2006, the Parliament approved a number of amendments to the law on Taxes and Duties, the most essential of which are liberalization of the tax penalty provisions and changes in the rules concerning cash payments.

We want to remind you that the deadline for submitting the annual report to the State Revenue Service (SRS) is approaching for companies whose financial reporting year coincides with the calendar year.