Corporate Income Tax Act to be amended (2) (2/33/19) (0)

16.08.2019

Draft

This article completes what we wrote last week about proposals for amending the CIT Act. Read more..

Deducting input VAT in chain of consecutive supplies (3/33/19) (0)

16.08.2019

Practice

On 10 July 2019, the Court of Justice of the European Union (CJEU) ruled on Case C-273/18 Kursu Zeme SIA vs the Latvian State Revenue Service (SRS), which examined the question of whether in a chain of consecutive cross-border supplies of goods with one transportation, the end customer – a Latvian entity – had the right to deduct the input VAT appearing on another Latvian entity’s tax invoices if Kursu Zeme SIA received the goods in Lithuania (at the original supplier’s warehouse) and itself ensured transportation to Latvia. This article explores the CJEU findings. Read more..

Corporate Income Tax Act to be amended (1) (1/32/19) (0)

09.08.2019

Draft

In late June 2019 the Meeting of State Secretaries debated proposals for amending the Corporate Income Tax (CIT) Act. We will be commenting about the proposed amendments in two articles. Read more..

Latest VAT developments (2) (2/32/19) (0)

09.08.2019

Passed

This article picks up where we left off last week. Read more..

CIT and VAT treatment of executive luxury vehicle lent for use (3/32/19) (0)

09.08.2019

Practice

The State Revenue Service has published a binding ruling on the CIT and VAT treatment of an executive luxury vehicle (ELV) lent for use. This article explores the findings made in the ruling. Read more..