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.
TaxLink will now be able to help you with any cross-border tax, transfer pricing and accounting related questions in 170+ jurisdictions.
This is an exciting next step in our journey, that enhances our capacity and capability. Importantly, it is the opportunity to better serve you and your business.
Read more →Nous sommes très heureux de vous présenter le Guide Fiscal 2022 de Lettonie!
N'hésitez pas de nous contacter si vous avez des questions.
We are very excited to present the Latvian 2022 Tax Guide!
Do not hesitate to contact us if you have any questions.
Read more →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 →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.
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 →The TaxLink Baltic team has provided support to the company to recover the withholding tax for the shares sold.
Read more →