What's Going On In ...: Latvia: Recent Changes to Latvian Tax Legislation

A number of amendments to Latvian tax legislation were introduced towards the end of 2007, which were associated with the 2008 Budget and prior to the resignation of the government in December 2007. Since then, further amendments have been made and others are still being legislated for. The amendments cover direct and indirect taxes. This note provides an overview of the amendments that have been made to the corporate and personal income tax rules.