September 29, 2017

Leinonen Latvia – accounting outsourcing industry leader in Latvia 

28 September 2017, Leinonen Latvia participated in the 7th annual conference Accounting Forum 2017 organised by the Association of Accountants of the Republic of Latvia…

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September 22, 2017

Representation or advertising expenses?

An important factor in a business development is effective advertising, networking with customers and partners and organization of various representative events. However, the correct and…

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September 13, 2017

Amendments to Labour Law came into force

In this article, we will highlight the most important amendments to the Labour Law which came into force on 16 August 2017. Hourly salary rate.…

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August 23, 2017

Information on multinational group report must be submitted by August 31st

On 4 July 2017, the Cabinet of Ministers approved Regulations No. 397 “Regulations on the Report of the Group of Multinational Enterprises for Each Country”…

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August 16, 2017

Plans to change terms and procedures for payment of taxes

In accordance with the amendments of Law “On Taxes and Fees” published, a new generation “Payment administration information system” (MAIS) or a single tax account…

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July 31, 2017

Tax reform laws adopted

28 July 2017, the Parliament considered and adopted all the amendments planned within the tax reform including the new corporate income tax law. More on…

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July 19, 2017

Mistakes in VAT application and it consequences

Value added tax – the most risky tax. Information in the website of the State Revenue Service (SRS) on the results of tax audits carried…

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July 12, 2017

New regulation regarding transactions between related parties

On 13 July 13 2017, amendments to the Commercial Law (hereinafter – the “Amendments”), which provide a new regulation regarding transactions between related parties of…

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June 20, 2017

Compulsory electronic recording system of working time in construction industry

To reduce the shadow economy, there are amendments planned in the law “On Taxes and Fees” that provide electronic working time recording system for construction…

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