Power station in Latvia (2)
Active business (gasification of wood chips).
Construction of a new luxurious cruise ship with bar&lounge, cigar room, jacuzzi, library, bar&SPA.
Those residents, the total size of annual taxable income of which in 2016 did not exceed 12000 euros, can return part of the income tax paid from the population.
From January 1, 2018, the country's minimum wage will be set at 430 euros instead of the previous 380 euros.
The State Revenue Service (hereinafter referred to as SRS) recalls that in tax regulations there are several possibilities for individuals and legal entities that have tax debts, to facilitate the voluntary payment of tax debts.
The Labor Law provides for one day of an additional weekend, if the parents have one or two children, parents have the opportunity to take a day off on September 1
Enterprises of a group of international enterprises that are tax residents of the Republic of Latvia must submit to the State Revenue Service (hereinafter - the SRS) a report on the types of economic activities and the group's finances in 2016 until December 31 of this year.
In accordance with the changes in the previous tax period (starting from the losses incurred in the 2008 tax year), the taxpayer has the right to pay damages in an amount that does not exceed 75% of the corresponding period from the taxable income of the Company's Income Tax.