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Employers mainly focus on immediate and short-term results, possibly ignoring the broader long-term strategic benefits of inclusive work environments, whereas these issues are becoming increasingly important for employees according to the Baltic Human Capital and Work Environment Survey.
The CIT Act requires companies to assess whether they have incurred expenses in acquiring and maintaining a luxury executive vehicle (LEV) for each tax period. This article explores how to determine the value of an LEV and what costs are chargeable to CIT, as well as looking at the new CIT treatment effective from 1 January 2024 of LEVs that are used for a long time.
The State Revenue Service (SRS) uses many integrated information systems, including State Information Systems, in performing its day-to-day functions. The objective is to foster the advancement of SRS information systems and infrastructure. This advancement aligns with goals from the planning documents of the European Union and Latvia.
We have operated in Latvia since 1993, and currently employ over 160 people. Our goal is to help develop Latvia's economy by advising local businesses, government institutions, and foreign investors.
We've seen many changes designed to enhance independence and objectivity. See our proposals for how we can build on the safeguards and reforms already in place.
