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Doing Business Guide in the Baltics.
18.10.2012
Withdrawal of business goods in Latvia The supply of goods consisting of the application by a taxable person of goods forming part of his business assets for his...
15.10.2012
The Lithuanian Finance Ministry proposed to commence negotiations for the avoidance of double taxation and prevention of fiscal evasion...
08.10.2012
On September 18, 2012 the Cabinet of Ministers of Republic of Latvia revised the amendments to the Law on Personal Income...
19.09.2012
Topics: Latvia: The decrease of Personal Income Tax rate in 2013-2015 Lithuanian Corporate Income Tax Changes since September 1st, 2012 Changes to immigration and granting...
23.07.2012
Lithuanian Parliament (Seimas) on June 29th, 2012 adopted few changes of the Law on Corporate Income Tax. These changes come into force on 1st September...
13.07.2012
With taxation period, which starts from year 2013, taxable tax will not increase the tax period losses from the sale of...
12.07.2012
Ministry of Finance has sent a new draft of changing the Income Tax Act for approval in other ministries. The purpose of the change is to eliminate the unequal...
05.07.2012
Law "On Personal Income Tax" states that the rate of tax to be paid from the annual taxable income is 25 per cent. The payer of the salary tax shall pay a rate of tax in the...
24.04.2012
The draft law of Protocol, amending Convention between the Kingdom of Norway and the Republic of Latvia for the avoidance of double taxation and the prevention of fiscal evasion with...
05.04.2012
Baltic country Latvia Lithuania Estonia Personal Income Tax rate 25 % (dividends - 10%) 15% (dividends -...
23.03.2012
Baltic country Latvia Lithuania Estonia Immigration salary requirements 1.Employee salary net : 633.18Sum payable for employer :...
15.03.2012
Since 2012 the company has the obligation to register as a VAT payer in Lithuania if its turnover per year is more than 45.000 EUR (instead of 29.000 EUR, which was before the year 2012). It is expected that this...
13.03.2012
Seeking additional progressiveness of the taxation system and making richer inhabitants contribute the sponsorship of the public expenses; from the 1st of January 2012 not only the real estate used for business purposes,...
09.03.2012
Together with the Law on the Budget for the year 2012 there were some tax changes made in Lithuania. The purpose of these tax changes was to stimulate the development of the small...
08.03.2012
Baltic country Latvia Lithuania Estonia Share capital (EUR) 1-2900 2900 2500 State...
28.12.2011
Reverse VAT charge is introduced in Latvia by the law effective January 1, 2012. According to VAT reverse charge, construction company issues invoice for the services...
28.12.2011
The Parliament of Estonia has decided to abolish the sales tax in Tallinn beginning from January 1, 2012. Sales tax in Tallinn was implemented from the beginning of June 1, 2010 by Tallinn...
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For questions, please, contact Valters Gencs, attorney at law at info@gencs.eu


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