News
Summary: Frequently Asked Questions on Transfer Pricing17/03/2026
All answers are prepared in accordance with the transfer pricing (TP) regulation, applicable to the 2025 financial year and onwards.
Read more →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 →TaxLink Latvia becomes a member of Transfer Pricing Associates (TPA) Global 31/12/2025
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 →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 →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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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 →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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