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TRANSFERTCENU REGULĒJUMS, NOTEIKŠANAS PRINCIPI, METODES UN DOKUMENTĀCIJAS PRASĪBAS Read more

Latvia has already been selected by a number of multinationals groups as a location for their shared service centres (finance, IT, back-office functions) due to certain non-tax attributes (location in EU, available English speaking labour), and mainly due to the.… Read more

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The article outlines Latvian tax and accounting system, summarizing the answers to frequently asked tax questions regarding trading and investing in Latvia. The article briefly describes the principles of most significant Latvian taxes rates, reporting, as well as the.… Read more

The amendments to the Taxes and Duties Act regarding the transfer pricing mandatory requirements, which will enter into force as of 1 January 2013 introduce new Section 15.2 “Taxpayer’s duty to submit information regarding the transactions with related parties”, which.… Read more

The article outlines the tax implications arising from the international assignment of an employee from the European Union company (home company) to Latvia (host company). In such situations there are usually two options that could be considered: (1) secondment to Latvia.… Read more

The article (in Latvia) briefly describes the requirements for the benchmarking study for the purposes of transfer pricing study. Read more

The article discusses the latest developments in transfer pricing disputes. For more information please refer to the Latvian version. Read more

Upon commencement of the business activity in Latvia the foreign companies, depending on intended business activity, should select the most appropriate legal form of business in Latvia. This article addresses basic tax and legal considerations for selecting the most appropriate.… Read more