Is Latvia's capital gains tax really among the highest in Europe?

Here is how Latvian Radio reported on the upcoming changes to the PIT at the end of November: "So far, there have been three rates – 20%, 23% and 31%, but from now on there will be two tax rates – 25.5% and 33%. These changes will also affect the …

Thaw all week in Latvia

Rain is expected across the country overnight on Tuesday, with freezing rain and snow in the east, and slippery roads in many parts of Vidzeme and Latgale. On Tuesday, it will rain throughout the country and temperatures will be a few degrees below …

No black cat demand boom in Latvia after Flow's success

Animal shelters hope that, as a result of the film "Flow", people will not shy away from giving black cats a new home, but will do so responsibly at the same time. Superstition is probably the reason why black cats are less often taken from …

Snowy and icy roads across Latvia Monday morning

Driving conditions are difficult on the main roads A2, A5, A7, A8, A9, A10, A12. On regional roads, driving conditions are poor around Ventspils, Talsi, Tukums, Dobele, Jelgava, Ogre, Valka, Alūksne, Gulbene, Balvi, and Daugavpils. 68 maintenance units are …

€98.4 million available for development of innovative products in Latvia

The total funding for the program amounts to €98.4 million, of which €83.6 million is sourced from the European Regional Development Fund (ERDF), while €14.8 million has been allocated from the state budget. The aim of the program is to support the …

Vietnamese in Sweden, Latvia promote national cultural values

Vietnamese in Sweden, Latvia promote national cultural values

Vietnamese in Sweden, Latvia promote national cultural values   A performance at the get-together in Stockholm. (Photo: VNA)     The Vietnamese Embassy in Sweden and Latvia on January 11 organised a get-together themed Homeland Spring 2025 in Stockholm on …

Snowy skies likely to clear Sunday afternoon across Latvia

Forecasters indicate that Sunday will be mainy cloudy, and only in the afternoon the sky will gradually clear from the west. It will still snow in many places, in places the thickness of the snow cover will increase by another 2-4 centimeters. Moderate to …

Azerbaijan, Latvia explore prospects for tax cooperation

Baku, January 11, AZERTAC Orkhan Nazarli, Head of the State Tax Service under Azerbaijan’s Ministry of Economy, President of the Intra-European Organisation of Tax Administrations (IOTA), held a virtual meeting with Baiba Šmite-Roķe, Director General of …

U.S. critic hails Latvia's revolutionary animated movie 'Flow'

He is also one of more than 300 journalists who participated in the voting for the Golden Globe awards, which saw Flow walk away with the Best Animated Motion Picture prize and admits that he has already watched Flow six times. Anda Boša: What did you …