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Doing Business Guide in the Baltics.
13.09.2013
Latviais replacing its currency, thelats, with theeuroon 1 January 2014.
The conversion rate is set at 0.702804 Latvian lats to one euro, which...
09.09.2013
Lithuanian High Court adopted a decision in favor of non-professional investor in 2013 June, which is a precedent for other...
29.08.2013
Tax system of Estonia consists of national taxes and local taxes. National taxes are income tax, social tax, land tax etc.
According to Estonian Income Tax Act income tax is paid by natural persons and non-resident legal persons who get...
29.07.2013
On July 25, 2013 in the meeting of Secretaries of the State were announced amendments to the Personal Income Tax Law.
The Ministry of Finance informed that the amendments exclude from the...
26.07.2013
A number of EU Member States, including Latvia, have agreed within the EU VAT forum to commence a test case process for private VAT rulings relating to cross...
17.07.2013
Meeting the Czech ambassador in Riga concerning business development of clients in the Valters Gencs Law Firm was a...
02.07.2013
A recent ruling of the Supreme Court of Estonia concerns liability of management board members. In order to become liable, a management board member...
21.06.2013
Estonian Tax and Customs authorities are entitled to deliver documents electronically to the taxpayers as well as, on their own initiative, to...
14.06.2013
On may 14th, the 27 Ministers of Economy of the Member States of the European Union, were gathered in Brussels in the Ecofin Meeting.
On the agenda of the meeting, one point has been the...
07.06.2013
Lithuanian law on tax administration introduced a new requirement which is significant to investors doing Business in Lithuania. Article 421of law on tax...
23.04.2013
Personal Income Tax Rates in Baltics
Country
Social Tax- employee share
Social Tax- employer share
Personal Income...
18.04.2013
Estonian Black Economy will be under scrutiny by the decision given by the Tax and Customs Board for period 2013-2016. TBC’s decision was approved by the Finance Minister for...
15.03.2013
In close cooperation with the organizations represented by the...
25.02.2013
During the economic crisis a question of costs optimization has become one of the top ones. Consequently, many people started searching for tax planning opportunities in order to move their...
06.02.2013
GENERAL PRINCIPLES
Forums For Adjudicating Employment Disputes
The Labour Dispute Law has...
29.01.2013
The Latvian parliament recently adopted, in a final reading, a long-awaited new VAT law to replace the 1995 Law On VAT, which had been amended 34 times and...
17.01.2013
The income tax rate currently applicable in Estonia is 21%. The tax rate is subject to change in 2015 when the income tax rate will be lowered to 20%.
During the years 2004 till 2008...
14.01.2013
Looking back at year 2012, Latvia, Lithuania and Estonia are ranked between countries with...
11.01.2013
The Parliament of Republic of Latvia (Saeima) on November 29, 2012 in the final reading adopted Value Added Tax Law, which from January 1, 2013 replaces the Law On Value Added Tax in Latvia, which was in force from 1995,...