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Is Latvian personal tax due on dividends from Cyprus companies? (3/8/19)

On 4 January 2019, the Latvian State Revenue Service (SRS) issued a ruling on how the Personal Income Tax Act should be applied to dividends a Latvian tax resident individual receives from a company registered in Cyprus (“CyCo”). In the ruling, the SRS answers a question that remained unclear under the applicable law and the available legal interpretation.

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