Taxes & LawAudit companies in a changing environmentTypically, during economic downturns, company bosses search for as manyways as possible to cut costs, generate cash, and hold on to it. Government agrees on additional tax hikesThe Cabinet of Ministers, has come to agreement on additional tax hikes in order to cover the needed LVL 57.4 million in the 2010 national budget. Scandal at Children's HospitalOver LVL 700,000 seized from five persons suspected of violations in public procurement for Children's Hospital Tax Optimization 2The idea of saving on taxes has been alive for long time, but especially recently as everybody tries to tighten their belts as much as possible. Finance Minister of Latvia supports low taxesDespite the proposals to raise several taxes in next year, Finance Minister Einars Repse supports the low tax policy that Latvia has been using so far. Saeima put on red light on property taxA majority of deputies in Saeima yesterday decided not to forward to committees the much discussed bill on a higher property tax on real estate. "Liepa, Skopina/ BORENIUS" awarded Latvian law firm of the yearThe international M&A publication „ACQ Finance Magazine” has announced the results of its 2nd ACQ Finance Magazine Country Awards for Achievements in different jurisdictions. Tax revenue was only 1% behind the projection in Latvia in JulyAt the moment tax revenue is only 1% behind the projection in Latvia. LVL 30.89 million laundered in a plotLast month the State Revenue Service (SRS), in cooperation with the Finance Police Administration, disclosed in a money laundering ring, through which in Riga in and its vicinity, LVL 30.89 million lats PoliticsImmigration Law altered for residency permitsIn a second review of the final reading of amendments to the Immigration Law,read more » Zatlers returns amendments to Immigration Law to Saeima for second reviewPresident Valdis Zatlers has returned the previously approved amendments to the Immigration Law to the Saeima for a second review.read more » Latvia's foreign trade deficit in January at LVL 76.8 millionLatvia's foreign trade deficit in January at LVL 76.8 millionread more » |
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