Precious metals production

The Latvian tax system has not generally changed, but from time to time the government decides on changes in some taxes when drafting next year’s budget. In order to end this practice, the government has resolved to prepare and introduce a new tax policy – transfer the tax burden from laborforce to capital.

Tax System of Latvia

The tax system of Latvia is not the simplest one, however, it cannot be considered as very complicated in comparison to the old EU Member States. Problems hitherto have been created by protracted changeability in the tax system, which the government has promised not to allow in the.