News
Tax news January 2020
VAT Law On 1 January 2020, amendments to the VAT Law become effective. Delivery of goods to a warehouse in the EU Member State. Value…
VAT GROUP REGISTRATION
What is the VAT group? Value Added Tax (hereinafter – the VAT) group is two or more taxable persons which has been established on…
Personal Income Tax liabilities in transactions with financial instruments
In this article, the procedure of applying Personal Income Tax (hereinafter – PIT) to the income of natural person–resident gained in transactions with financial instruments…
Proposed new VAT rules for vouchers
On June 27, 2016 the Council of the European Union adopted directive 2016/1065 amending Directive 2006/112/EC regarding the value added tax treatment to vouchers. New…
Tax news Latvia July 2019
Increased threshold of mandatory social security and voluntary contributions from 55 000 EUR to 62 800 EUR (amendments in the article 14 (5) of Law “On…