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Amendments to the Law On the Vehicle Operation Tax and Company Car Tax

The amendments to the Law On the Vehicle Operation Tax and Company Car Tax are being prepared for the third Parliamentary reading. They include a number of clarifications in the tax administration and the application of tax relief, including a new provision concerning the exemption of Company Car Tax.

The draft amendments stipulate that the Company Car Tax is not charged for an individual's vehicle which is used on the basis of the lease contract and on which from the person when paying the rental fee, the personal income tax is being withheld in accordance with the procedure of the law "On Personal Income Tax".

If you have any questions or need more detailed information, please contact:

Ina Spridzāne (ina.spridzane@leinonen.lv, tel. 67358635) or Alla Bistrova  (alla.bistrova@leinonen.lv, tel. 67358607).

If you are interested in the news of tax, employment and other business-related legislation in Estonia and Lithuania, please visit Estonian news and Lithuanian news


29.04.15


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