Rules for applying CIT Act amended (1/15/14) (0)

09.04.2014

Passed

The latest amendments to the rules for applying provisions of the Corporate Income Tax Act came into force on 28 March 2014. These changes relate to Latvian real estate (RE) disposals to non-Latvian residents, treatment of extraordinary dividends, and a number of other items. Read more..

VAT and CIT on car costs (table) (2/15/14) (0)

09.04.2014

Practice

This year has seen important changes to the VAT and CIT treatment of purchase, rental and maintenance costs of light passenger vehicles. We informed our subscribers about this in our Flash News editions of 11 February and 25 March 2014. This article brings all the details of the VAT and CIT treatment together in a table. Read more..

How actual social insurance contributions affect pension benefits (3/15/14) (0)

09.04.2014

Practice

Since 2011 every six months the Ministry of Welfare in cooperation with the National Social Insurance Agency (NSIA) has been preparing an informative report to identify how actually paid national social insurance (NSI) contributions affect a person’s social security benefits. This article explores some of the main findings of the report as well as a socially insured person’s rights and the employer’s obligations. Read more..

Microbusiness tax return rules to be changed (1/14/14) (0)

01.04.2014

Draft

The Cabinet of Ministers has drafted a set of rules to replace Cabinet Regulation No. 819, which deals with the microbusiness tax return and how it should be filled in. This article explores what we see as key amendments to the microbusiness tax (MBT) return form and changes in the way to complete it. Read more..

Customs procedure transit to be changed (2/14/14) (0)

01.04.2014

Draft

The Ministry of Finance (MOF) has drafted a set of rules to replace Cabinet Regulation No. 1135, which prescribes how to apply the customs procedure Transit. This article explores what we see as key changes. Read more..

 
© 2014 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.  | Last updated: 17.12.2013