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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…

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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…

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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…

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