News
November 26, 2013
news for 2014 November
Forthcoming changes in the personal income tax law in Latvia According to the draft law the following changes will take place on the 1st of…
November 26, 2013
Introduction to EURO process in Latvia
This has already happened: Latvia was invited to join the Eurozone by the European Union in the summer of 2013. The exchange rate was confirmed…
February 4, 2013
New requirements for VAT invoices
Specific due dates for the issue of invoices have been provided for: 1) An invoice in respect of a transaction carried out in Latvia shall…
February 4, 2013
New criteria for the deduction of VAT input tax
If a taxpayer provides both taxable and non-taxable supplies, the new VAT Act primarily provides for the keeping of separate accounting for the purposes of…