One of the most confusing aspects of the new e-invoicing requirements for accountants has been how these changes will affect delivery documents sta...
Post Archive December 2024
Major Changes to Latvia's Personal Income Tax System Coming in 2025
On December 11, 2024, Latvia's parliament approved significant amendments to the Personal Income Tax (PIT) Law that will take effect from Janua...
Key Changes in Latvian Annual Reporting Requirements
Recent amendments to the Annual Reports and Consolidated Annual Reports Law have introduced significant changes affecting companies' reporting ...
Upcoming VAT Changes in 2025
In a significant move to harmonize VAT requirements for small and medium-sized enterprises (SMEs) across the European Union, Latvia is implementing...
Important changes to board member "Presumed Income" threshold
Latvia's tax regulations include important provisions about "presumed income" (domājamais ienākums) for board members. Here's w...