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New transfer pricing obligations in Latvia starting from 202623/02/2026
This article examines the amendments to the Law “On Taxes and Duties” which entered into force on 1 January 2026 and are applicable to controlled transactions (transactions carried out between related parties) carried out, starting with the reporting year that begins during the 2025 calendar year.
Read more →17/02/2026
22/01/2026
TPA Global Transfer Pricing Guide 202531/12/2025
We are pleased to share the TPA Global Transfer Pricing Guide 2025.
Read more →TaxLink Latvia becomes a member of Transfer Pricing Associates (TPA) Global 22/10/2025
TaxLink has become a member of Transfer Pricing Associates (TPA) Global network. TPA Global is a network of international firms that allows multinationals to access global solutions with a local focus on Transfer Pricing, thanks to its more than 5 000 professionals in 60+ countries.
Read more →27/06/2025
TaxLink joins IR Global international network21/02/2025
TaxLink has joined the world’s largest, international professional services network – IR Global. As of today, TaxLink will be the exclusive Tax, Transfer Pricing and Accounting IR Global member in Latvia and Lithuania.
Read more →23/05/2022
15/11/2021
14/09/2021
09/05/2021
06/05/2021
08/04/2021
02/03/2021
16/02/2021
23/09/2020
12/08/2019
07/10/2018
25/09/2018
Provisions on Controlled Foreign Companies to be Included in the CIT Law06/09/2018
On Thursday, 23 August 2018, at a meeting of State secretaries, amendments were announced to the Corporate Income Tax (CIT Law). It is planned that the CIT Law will be augmented with provisions regarding controlled foreign companies (CFC), stipulating the obligation in Latvia to pay enterprise income tax from a share of profits in a foreign company, in which there is a significant shareholding and profits are obtained by creating hybrid entities, with the goal of securing tax breaks.
Read more →21/07/2018
21/01/2018
03/12/2017
19/09/2017
New corporate income tax in Latvia starting from 201821/08/2017
The most significant change as from 2018 will be the application of tax exemption to reinvested profits or, in other words, corporate income tax (CIT) will be paid only when a company pays dividends or makes other payments with the aim of actual profit distribution. In the meanwhile, individuals who receive these dividends will not be required to pay personal income tax.
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06/08/2017
26/07/2017
15/07/2017
Business guide06/05/2016
We have developed a business guide "Doing Business in Latvia", which can help get an insight of the positive aspects of the business in Latvian.
Read more →22/03/2016
15/01/2016
15/01/2016
TaxLink’s client is the first foreign company in Latvia, which has recovered the overpaid payment of corporate income tax for the shares sold26/11/2015
The TaxLink team has provided support to the company to recover the withholding tax for the shares sold.
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