Latest Treaty Updates: Latvia


Treaty Update: Andorra - Latvia

28/4/2017

Andorra and Latvia have begun negotiations on amending their DTA.


Treaty Update: Latvia - Japan

21/4/2017

The Latvia-Japan DTA entered into force on March 30, 2017.


Treaty Update: Latvia - Switzerland

11/11/2016

Latvia and Switzerland signed a DTA Protocol on November 2.


Treaty Update: Latvia - Switzerland

8/11/2016

Latvia and Switzerland signed a DTA Protocol on November 2.


Treaty Update: Japan - Latvia

27/6/2016

Japan and Latvia have begun DTA negotiations, the Japanese Finance Ministry said on June 21.


Treaty Update: Latvia - Iran

13/6/2016

Latvia and Iran discussed the possibility of signing a DTA, at a meeting on June 2.


Treaty Update: Cyprus - Latvia

3/6/2016

Cyprus and Latvia signed a DTA on May 24, 2016.


Treaty Update: Hong Kong - Latvia

25/4/2016

Hong Kong and Latvia signed a DTA on April 13, 2016.


Treaty Update: Qatar - Latvia

6/11/2015

Qatar ratified the pending DTA with Latvia on October 27, 2015.


Treaty Update: San Marino - Latvia

6/10/2015

San Marino and Latvia are engaged in negotiations towards a DTA, it was confirmed following a bilateral meeting on September 25.


Treaty Update: Georgia - Latvia

5/10/2015

Georgia and Latvia signed a TIEA on September 29, 2015.


Treaty Update: Latvia - Qatar

1/10/2014

Latvia signed a DTA with Qatar on September 26, 2014.


Treaty Update: Latvia - Japan

18/7/2014

Latvia requested the launch of DTA negotiations with Japan during a meeting on July 14, 2014.


Treaty Update: Latvia - Cyprus

6/5/2014

Latvia's Cabinet approved a draft law approving the conclusion of a DTA with Cyprus at its meeting on April 29, 2014.


Treaty Update: Jersey - Latvia

2/4/2014

The tax information exchange agreement between Jersey and Latvia entered into force on March 1, 2014, according to an update from the Jersey Government on March 13, 2014.


Treaty Update: Latvia - Cyprus

12/3/2014

Latvia and Cyprus are expected to soon sign a DTA based on a draft agreement presented by Latvian authorities to the Cypriot Ministry of Finance in late February.


Treaty Update: Latvia - India

27/12/2013

According to preliminary media reports, Latvia's parliament on December 19, 2013, approved a law that would ratify the DTA and an accompanying Protocol signed between the nation and India.


Treaty Update: Hong Kong - Latvia

27/11/2013

A first round of DTA negotiations between Latvia and Hong Kong was concluded on November 21, 2013.


Treaty Update: Guernsey - Latvia

17/10/2013

The tax information exchange agreement signed between Latvia and Guernsey on September 5, 2012, entered into force on October 4, 2013.


Treaty Update: India - Latvia

20/9/2013

India and Latvia signed a DTA on September 18, 2013.


Treaty Update: Latvia - India

9/5/2013

India and Latvia held negotiations towards a DTA on April 30, 2013.


Treaty Update: Latvia - Guernsey

19/3/2013

According to preliminary media reports, Latvia ratified its tax information exchange agreement with Guernsey on February 28, 2013.


Treaty Update: Latvia - India

18/3/2013

According to preliminary media reports, Latvia's Cabinet approved the signing of a draft DTA with India.


Treaty Update: Latvia - Mexico

1/3/2013

According to preliminary media reports, the Latvia-Mexico DTA signed on April 20, 2012, will enter into force on March 2, 2013, and will be effective from January 1, 2014.


Treaty Update: Mexico - Latvia

8/2/2013

According to preliminary media reports, the Latvia-Mexico DTA will enter into force on March 1, 2013, and will become effective on January 1, 2014.


Treaty Update: India - Latvia

8/2/2013

Latvia's Ministry of Foreign Affairs confirmed on January 31, 2013, that a new DTA with India will soon be signed.


Treaty Update: Latvia - India

1/2/2013

Latvia and India are engaged in negotiations towards the signing of a DTA, it was announced following a meeting between Latvia's Foreign Minister Edgards Rinkevics and India's Ambassador to Latvia, Banashri Bose Harrison on January 30, 2013.


Treaty Update: Latvia - Turkmenistan

11/12/2012

According to preliminary media reports, the DTA signed between Latvia and Turkmenistan entered into force on December 4, 2012.


Treaty Update: Russia - Latvia

21/11/2012

According to preliminary media reports, the Russia-Latvia DTA, signed in 2010, entered into force on November 6, 2012.


Treaty Update: Latvia - Russia

12/11/2012

The Latvian government has confirmed that the Russian authorities have notified it of the completion of the nation's domestic ratification procedures, allowing the Russia-Latvia DTA, signed on December 20, 2010, to enter into force on November 6, 2012.


Treaty Update: Latvia - Various

22/10/2012

According to preliminary media reports, Latvia's parliament approved a law that would ratify a DTA and an amending Protocol signed with Mexico, and undertook a second reading of a draft Protocol to the 2004 Latvia-Georgia DTA, at its meeting on October 18, 2012.


Treaty Update: Russia - Latvia

9/10/2012

Russia's President Vladimir Putin on October 4, 2012, signed a law ratifying the DTA signed between Russia and Latvia.


Treaty Update: Latvia - Turkmenistan

14/9/2012

Latvia and Turkmenistan signed a DTA on September 11, 2012.


Treaty Update: Latvia - Guernsey

2/8/2012

According to preliminary media reports, the draft TIEA between Guernsey and Latvia was forwarded to Latvia's Cabinet for approval on July 24, 2012.


Treaty Update: Latvia - Georgia

31/5/2012

Latvia and Georgia signed a Protocol on May 29, 2012, amending their existing DTA.


Treaty Update: Mexico - Latvia

25/4/2012

Mexico and Latvia signed a DTA on April 20, 2012.


Treaty Update: Latvia - United Arab Emirates

14/3/2012

According to preliminary media reports, Latvia and the United Arab Emirates signed a DTA on March 11, 2012.


Treaty Update: Guernsey - Latvia

22/2/2012

According to preliminary media reports, Guernsey and Latvia commenced negotiations towards a TIEA on February 16, 2012.


Treaty Update: Latvia - China

26/1/2012

According to preliminary media reports, Latvia ratified its DTA with China on December 22, 2011.


Treaty Update: Latvia - Mexico

13/1/2012

Latvia's Cabinet has approved a draft DTA with Mexico, the country's Ministry of Finance confirmed on January 10, 2012.


Treaty Update: Latvia - China

7/12/2011

According to preliminary media reports, the Latvian government approved and forwarded to parliament legislation that would ratify a Protocol to the 1996 DTA signed with China.


Treaty Update: Russia - Latvia

29/9/2011

According to preliminary media reports, the Russian government on September 27 approved a draft law that would ratify the pending DTA with Latvia.


Treaty Update: Latvia - China

31/8/2011

A Protocol amending the DTA between Latvia and China was signed on August 24. The Protocol provides for lower withholding tax rates in certain circumstances.


Treaty Update: Latvia - China

17/8/2011

According to the Latvian Finance Ministry, the country's Cabinet approved on August 9, 2011 a protocol to amend the DTA with China. The protocol will lower royalties withholding tax from 10 to 7.


Treaty Update: Latvia - Russia

13/6/2011




Treaty Updates by Territory


Latest News


Hong Kong, Latvia Sign DTA 15/4/2016
On April 13 in Riga, Hong Kong's Secretary for Financial Services and the Treasury K C Chan signed a comprehensive double taxation agreement between Hong Kong and Latvia.

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NZ Emissions 'Tax' Attacked 15/3/2010
The ACT New Zealand Party, a member of the country’s present coalition government, has continued its opposition to New Zealand’s new carbon emissions trading scheme, calling it a tax that will increase inflation in the economy.

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Hong Kong Property Taxes Reviewed 16/3/2010
Hong Kong’s Financial Secretary, John C Tsang, made the traditional post-budget speech at the Joint Business Community Luncheon on March 12 and, in particular, reviewed the tax measures taken to increase the transaction cost of property speculation so as to reduce the risk of a property bubble being created.

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Orascom Loses Algerian Tax Appeal 12/3/2010
Egyptian telecom company, Orascom Telecom, has announced that its Algerian subsidiary, Orascom Telecom Algérie, has received a rejection to its appeal, made in December last year, against the notice for taxes and penalties it had received from the Algerian tax authorities the month previously.

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Switzerland, Slovakia Initial Revised DTA 12/3/2010
It has recently emerged that Switzerland and Slovakia have initialled a revised bilateral double taxation agreement, containing the Organization for Economic Cooperation and Development’s standard on tax information exchange.

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UK Budget To Hit The Rich 12/3/2010
Wealthy individuals may have less than two weeks to put plans in place to reduce the tax impact of the Chancellor’s pre-election Budget, warns PKF Accountants and business advisers.

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Germany Approves Liechtenstein TIEA 15/3/2010
Germany’s Cabinet has recently approved a bill pertaining to the bilateral tax information exchange agreement with Liechtenstein.

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UAE Completes VAT Study 12/3/2010
Authorities in the United Arab Emirates are inching closer to the introduction of a value-added tax.

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Malaysia Not Cancelling GST 12/3/2010
After a government meeting, Malaysia’s Second Finance Minister, Datuk Seri Ahmad Husni Hanadzlah, has rejected any suggestion that the proposed introduction of a goods and services tax has been cancelled.

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Australia Promised Full Debate On Tax Review 15/3/2010
Following indications that the Australian government was thinking of a delay to the release of the Henry tax review, the Treasurer, Wayne Swan, has now confirmed that it will be issued in good time for a full debate on any proposed tax changes.

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Jersey Riding Out Onshore Storm 15/3/2010
Jersey will overcome the evolving challenges being faced by offshore international financial centres, Geoff Cook, Chief Executive of Jersey Finance, told participants at a Breakfast Briefing in London.

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BVI To Review Taxes And Fees 15/3/2010
British Virgin Islands Prime Minister, Ralph O’Neal has said that the territory will run a budget surplus during 2010, although the government still intends to review indirect taxes and fees on financial services.

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IRS Offers Help To Struggling Taxpayers 14/3/2010
The US Internal Revenue Service has announced several additional steps it is taking this tax season to help people having difficulties meeting their tax obligations because of unemployment or other financial problems.

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Baucus Seeks Trade Preference Reform 15/3/2010
Senate Finance Committee Chairman Max Baucus is leading efforts for reform of US trade preference programs accorded to developing countries.

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OECD Urges Fiscal Policy Shift 12/3/2010
Governments must now gear their economies towards jobs, international competitiveness and increasing the tax-take, the Organization for Economic Cooperation and Development has said in its latest ‘Going for Growth’ report, analyzing the next step for recovering economies.

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Norway Urged To Revise Fiscal Policy 11/3/2010
The Organization for Economic Cooperation and Development has called on Norwegian authorities to revise fiscal policy in light of the nation’s recovering economy.

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Amazon Retaliates Against Colorado 11/3/2010
Amazon.com cut ties with its Colorado affiliate marketers on March 8 after the US state forged ahead with its plan to introduce a mandatory Internet sales tax on e-businesses with an annual turnover exceeding USD100,000.

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Bahrain And UK Sign DTA 11/3/2010
The Kingdom of Bahrain’s Minister of Finance, Shaikh Ahmed bin Mohammed Al Khalifa, and UK ambassador, Jamie Bowden, signed a comprehensive double taxation agreement between the two countries in Manama on March 10.

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Australia And Chile Sign DTA 11/3/2010
Australia’s Assistant Treasurer, Nick Sherry, has announced that Australia and Chile have signed a comprehensive bilateral double taxation agreement – the second such agreement between Australia and a South American country.

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Swiss-German Tax Talks Resume 12/3/2010
During a recent visit to Berlin, Switzerland’s State Secretary Michael Ambühl, Head of the State Secretariat for International Financial Matters in the Federal Department of Finance, met with representatives of Germany's Federal Ministry of Finance and Federal Chancellery to exchange ideas on current financial and tax policy issues.

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US Senate Approves Tax Extenders Bill 12/3/2010
US Senate Finance Committee Chairman Max Baucus has applauded the Senate’s passage of legislation to extend tax cuts, unemployment insurance benefits and eligibility for unemployment benefits and health care for unemployed workers through the end of 2010.

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MEPs Push EU Tobin Tax 12/3/2010
In a recently adopted resolution, the European Parliament has emphasized the need to develop plans for a global tax to discourage excessive risk-taking by financial institutions and to ensure that the financial industry pays for damage caused by the financial crisis.

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Tax Relief For California Storm Victims 11/3/2010
The State of California’s Franchise Tax Board on March 9 announced special tax relief for California taxpayers affected by the recent severe winter storms that started in January.

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Belgium's Kilometer Tax Opposed 11/3/2010
The Humanist group cdH of the Walloon parliament in Belgium has rejected the idea of a road tax levied per kilometre travelled, advocating instead the introduction of an inclusive road tax disc, which could then be modified to take certain environmental criteria into account.

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Bahamas Achieves White-Listing 12/3/2010
The Bahamas has achieved a place on the Organization for Economic Cooperation and Development's ‘white list’ following the signing of Tax Information Exchange Agreements with the seven Nordic economies of Denmark, the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden, on March 10.

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