Once a week we will inform you about tax, accounting, legal and other business news, offering useful comments by PwC consultants in Latvian, English and Russian.
If a stock option awarded to an employee does not meet the criteria for the tax favoured treatment and is consequently taxable at vesting, the Latvian employer is liable to report the award for personal income tax (PIT) and national social insurance contributions (NSIC) purposes and ensure taxes are paid.
PwC provides general information about –
1. why tax resident status is important and how it is determined;
2. when you are liable to file a Latvian annual income tax return and when you can do so voluntarily;
3. social security arrangements.
In the run-up to the 20th anniversary of MindLink.lv, PwC’s business and tax portal, we are happy to offer you a tour of our portal, which has not only changed its visual identity but offers plenty of new opportunities and resources that can benefit its users every day!