State Revenue Service seeks collection from tax debtor’s business partners (1/37/19)

13.09.2019
Open article
Adopted by the State Revenue Service (SRS) in 2018, a new approach to collecting overdue taxes violates the principles laid down by the Administrative Procedure Act, infringes the rights of traders, and is out of line with the general legal framework. This article explores the SRS’s new approach and the taxpayer’s potential actions. Read more..
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Recording remote working hours (2) (2/37/19) (0)

13.09.2019

Practice

This article completes what we wrote last week. Read more..

Adverse consequences of widening State Revenue Service’s powers (3/37/19) (0)

13.09.2019

Practice

At various stages of their control measures, the State Revenue Service (SRS) has the power to apply means of securing enforcement of their potential decisions. The SRS’s powers were expanded on this matter a year ago, and this expansion is affecting any entities and individuals that are being scrutinised by the SRS. However, those newly acquired powers appear to be exercised in a formal manner improperly restricting taxpayers’ rights. Read more..

Special discounts to employees: tax issues (2/36/19) (0)

06.09.2019

Practice

Businesses are developing a variety of methods for attracting, motivating and retaining customers and employees. Those methods usually mean expenses that need correct tax treatment. We have written about customer loyalty event expenses here. This article explores some of the tax issues arising from special discounts a company might provide to its employees. Read more..

Recording remote working hours (3/36/19) (0)

06.09.2019

Practice

Remote work is becoming increasingly popular as it allows workers to better plan their time and combine a career with a family life. Although working from home might seem to mean that employees are free to arrange and plan their work as long as they do what is required and work the hours prescribed by their employment contract, it is important to remember that the working time rules of the Latvian Labour Code still apply. Read more..

Corporate tax amendments to neutralise hybrid mismatches (2/35/19) (0)

29.08.2019

Draft

We have written earlier about proposals for amending the Corporate Income Tax (CIT) Act. This article explores amendments dealing with hybrid mismatches and ways of neutralising them in CIT treatment. Read more..

 

 
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