Recent Posts
3 days ago
Application of personal income tax to capital gains from securities
The disposal of securities (shares, equity interests, investment fund certificates, debt instruments, etc.) by an individual generates capital gains income subject to Personal Income Tax…
August 24, 2026
7 Common VAT Mistakes in Latvia (and how to Avoid Them)
Value added tax (VAT) is a type of consumption tax used in the European Union (EU). While VAT in Latvia is paid by the final…
July 9, 2026
Non-business expenses for Corporate Income Tax (CIT) – what companies need to know
Since 2018, the Latvian corporate income tax (CIT) system has been significantly simplified – tax is payable when profits are distributed or when certain non-business-related…