Latvia -Personal tax income updated -October 03, 2013

The government has approved amendments to the Law on Personal Income Tax, which stipulate reducing the personal income tax rate to 22% in 2016. The personal income tax rate will be reduced to 24% in 2014, 23% in 2015, and 22% in 2016. However, the Finance minister stated that a progressive personal income tax is a matter for the more distant future. The ministry updated the information on the Internet.

English: http://www.vid.gov.lv/default.aspx?tabid=8&id=23&hl=2  

 

For more information, please contact the editor Jan Cremers, Amsterdam Institute for Advanced Labour Studies (AIAS) cbn-aias@uva.nl or the communications officer at the ETUI, Mariya Nikolova mnikolova@etui.org. For previous issues of the Collective bargaining newsletter please visit http://www.etui.org/E-Newsletters/Collective-bargaining-newsletter. You may find further information on the ETUI at www.etui.org, and on the AIAS at www.uva-aias.net.


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