Flash News is the latest information on proposed and effective changes in tax and business legislation. We aim to save you time by monitoring the latest developments and bringing key points to your attention. If you wish to receive our free weekly Flash News summarising the latest Latvian tax and business developments by e-mail, please register at mindlink@lv.pwc.com.
This article explores the practicalities of applying recent amendments to the Real Estate Tax (RET) Act. You may want to read our Flash News edition of 15 June 2010 first. Read more »
This edition of Flash News begins a series of articles that will be exploring the lawmaker’s activities in the area of natural resource tax (NRT) in 2010 and late 2009 (i.e. following the amendments of 12 June 2009 to the NRT Act) in order to help our subscribers understand whether any NRT changes have gone unnoticed.
This article takes a look at what we perceive as key amendments to Cabinet Regulation No. 404, which explains the general assessment and payment of NRT (the NRT rules) as well as Cabinet rules concerning the terms and conditions of waste management contracts. Read more »
Draft amendments to the Excise Act and to Cabinet Regulation No. 662 of 30 August 2005, Circulation of Excise Goods, were announced at a July meeting of state secretaries. This article takes a quick look at these amendments. Read more »
This report summarises and analyses information on the tax burden in the 27 EU member states over the period from 1995 to 2008 and provides an overview of how the economic crisis has affected the level and structure of tax revenues. The trends and findings outlined are both interesting and instructive. Read more »