All answers are prepared in accordance with the transfer pricing (TP) regulation, applicable to the 2025 financial year and onwards.
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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.
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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.
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We are pleased to share the TPA Global Transfer Pricing Guide 2025.
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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.
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[#Webinar] 21 September at 14:00 CET
The #Covid19 pandemic will have serious implications on #TransferPricing for many multinational enterprises in the future. Mazars' experts explain what MNEs should do to prepare for the following years.
Find out more and register below.
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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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The new online platform of MAZARS CEE TAX GUIDE 2016 is a comprehensive web-guide which can help businesses understand CEE tax regimes in their complexities as well as in comparison to each other.
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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.
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The TaxLink team has provided support to the company to recover the withholding tax for the shares sold.
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