{"id":7155,"date":"2016-11-09T19:47:09","date_gmt":"2016-11-09T19:47:09","guid":{"rendered":"http:\/\/breicis.com\/en\/?page_id=7155"},"modified":"2023-11-10T13:07:21","modified_gmt":"2023-11-10T13:07:21","slug":"all-news","status":"publish","type":"page","link":"https:\/\/breicis.com\/en\/all-news\/","title":{"rendered":"All news"},"content":{"rendered":"
3<\/span>Monday, August 3, 2026<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2026-08-04T14:48:41+00:00<\/span>

Transfer pricing: can a manufacturer suffer losses?<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2026-08-04T14:48:41+00:00<\/span>Monday, August 3, 2026<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Preword Manufacturing companies within the group may experience operating losses due to various commercial factors, [...]<\/p><\/div><\/article>

17<\/span>Friday, July 17, 2026<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2026-07-21T10:52:01+00:00<\/span>

Alternative dividend taxation regime from 2026 in Latvia. What does it mean for business owners and foreign investors? (video)<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2026-07-21T10:52:01+00:00<\/span>Friday, July 17, 2026<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

General Starting from 1 January 2026, Latvian companies whose shareholders are exclusively individuals can elect [...]<\/p><\/div><\/article>

8<\/span>Sunday, February 8, 2026<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2026-02-08T14:20:59+00:00<\/span>

Working abroad? What Latvian residents need to know about taxes<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2026-02-08T14:20:59+00:00<\/span>Sunday, February 8, 2026<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

If you are a Latvian tax resident and work or have worked abroad, it is [...]<\/p><\/div><\/article>

16<\/span>Friday, January 16, 2026<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2026-01-16T15:55:34+00:00<\/span>

Transfer Pricing in 2026: Key Changes and Their Practical Impact on Businesses<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2026-01-16T15:55:34+00:00<\/span>Friday, January 16, 2026<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

As of 1 January 2026, significant amendments to the transfer pricing framework have come into [...]<\/p><\/div><\/article>

1<\/span>Monday, December 1, 2025<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2025-12-01T13:34:40+00:00<\/span>

Implementation of Transfer Pricing Regulation Amendments from 2026: Key Changes and Their Implications<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2025-12-01T13:34:40+00:00<\/span>Monday, December 1, 2025<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Introduction On 1 January 2026, amendments to Article 15.\u00b2 of the \u201cLaw on Taxes and [...]<\/p><\/div><\/article>

12<\/span>Tuesday, August 12, 2025<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2025-09-12T14:56:26+00:00<\/span>

What is the accounting process in Latvia?<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2025-09-12T14:56:26+00:00<\/span>Tuesday, August 12, 2025<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Introduction In Latvia, \u00a0the accounting practices are primarily governed by national laws which are [...]<\/p><\/div><\/article>

4<\/span>Monday, August 4, 2025<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2025-08-12T11:10:44+00:00<\/span>

Do I Need a Latvian Partner to Register a Company in Latvia?<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2025-08-12T11:10:44+00:00<\/span>Monday, August 4, 2025<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Introduction Latvia is regarded as an attractive location for investors looking for a gateway to [...]<\/p><\/div><\/article>

20<\/span>Thursday, March 20, 2025<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2025-07-30T11:17:04+00:00<\/span>

Tax implications of the cross-border supply of construction services<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2025-07-30T11:17:04+00:00<\/span>Thursday, March 20, 2025<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

In an increasingly interconnected European market, the construction industry frequently operates across national borders. Companies [...]<\/p><\/div><\/article>

11<\/span>Tuesday, March 11, 2025<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2025-07-29T07:14:20+00:00<\/span>

How to Get a VAT Number in Latvia: A Step-by-Step Guide<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2025-07-29T07:14:20+00:00<\/span>Tuesday, March 11, 2025<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Even if you've always stayed on top of your sales tax payments, there may be [...]<\/p><\/div><\/article>

30<\/span>Tuesday, January 30, 2024<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2024-02-06T16:12:47+00:00<\/span>

Tax-efficient exit from the business in Russia<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2024-02-06T16:12:47+00:00<\/span>Tuesday, January 30, 2024<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Due to events known to all, at least some Latvian companies have been forced to [...]<\/p><\/div><\/article>

21<\/span>Sunday, January 21, 2024<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2024-05-24T06:08:27+00:00<\/span>

Expatriate employment options in Latvia<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2024-05-24T06:08:27+00:00<\/span>Sunday, January 21, 2024<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

The article outlines the tax implications arising from the international assignment of an employee from [...]<\/p><\/div><\/article>

9<\/span>Tuesday, January 9, 2024<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2025-07-29T07:34:55+00:00<\/span>

Once again, who should prepare transfer pricing documentation and what documentation should be prepared<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2025-07-29T07:34:55+00:00<\/span>Tuesday, January 9, 2024<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

When receiving questions from clients, it is evident that there is still confusion as [...]<\/p><\/div><\/article>

10<\/span>Sunday, December 10, 2023<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-12-10T13:14:24+00:00<\/span>

TEST: Taxation of a foreign employee. in Latvia<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-12-10T13:14:24+00:00<\/span>Sunday, December 10, 2023<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

If you are sent to work in Latvia for a short or long period you [...]<\/p><\/div><\/article>

13<\/span>Monday, November 13, 2023<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2024-12-12T13:27:52+00:00<\/span>

Special VAT regime for import of goods<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2024-12-12T13:27:52+00:00<\/span>Monday, November 13, 2023<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Is it possible to not pay VAT on import? While the special VAT regime for [...]<\/p><\/div><\/article>

19<\/span>Thursday, October 19, 2023<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T08:41:14+00:00<\/span>

From 1 July Russia is considered offshore. Now what?<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T08:41:14+00:00<\/span>Thursday, October 19, 2023<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

On 27th June 2023, the Latvian government adopted Cabinet Regulation No 333 \u201cList of Low-tax [...]<\/p><\/div><\/article>

16<\/span>Friday, June 16, 2023<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T08:42:38+00:00<\/span>

Bruno\u2019s vision or how to build a tax efficient group structure<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T08:42:38+00:00<\/span>Friday, June 16, 2023<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Today, let\u2019s talk about Bruno. No, no, not the character Bruno from the animated film [...]<\/p><\/div><\/article>

3<\/span>Saturday, June 3, 2023<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-11-17T20:55:41+00:00<\/span>

Impact of transfer pricing on the financial statements<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-11-17T20:55:41+00:00<\/span>Saturday, June 3, 2023<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Transfer pricing refers to the pricing of the sale of goods, the provision of services [...]<\/p><\/div><\/article>

13<\/span>Thursday, April 13, 2023<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T08:46:59+00:00<\/span>

Personnel shares \u2013 a tool to motivate employees to achieve the company\u2019s goals and avoid being headhunted to competitors<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T08:46:59+00:00<\/span>Thursday, April 13, 2023<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Along with the amendments to the Commercial Law, which came into effect starting from 2021, [...]<\/p><\/div><\/article>

28<\/span>Thursday, July 28, 2022<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T08:49:24+00:00<\/span>

When it’s too late to drink borjomi, or how not to lose your intangible property<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T08:49:24+00:00<\/span>Thursday, July 28, 2022<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

The story of a Latvian cosmetic manufacturing company For some time now, the news appears [...]<\/p><\/div><\/article>

21<\/span>Tuesday, June 21, 2022<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T08:51:05+00:00<\/span>

Does 10% limit applies also to personnel options and shares issued by a limited liability company<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T08:51:05+00:00<\/span>Tuesday, June 21, 2022<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Why is this question? In order to fully implement a competitive framework for share purchase [...]<\/p><\/div><\/article>

1<\/span>Sunday, May 1, 2022<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T08:52:43+00:00<\/span>

Not sure how to motivate your employees? Grant stock options!<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T08:52:43+00:00<\/span>Sunday, May 1, 2022<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

You don't have to spend a lot of money on expensive tools and programmes to [...]<\/p><\/div><\/article>

30<\/span>Saturday, April 30, 2022<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-11-17T20:51:43+00:00<\/span>

What does the State Revenue Service expect to justify the impact of COVID-19 on transfer pricing?<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-11-17T20:51:43+00:00<\/span>Saturday, April 30, 2022<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Introduction Has your company carried out the business with related companies in 2020\/2021 and has [...]<\/p><\/div><\/article>

29<\/span>Friday, April 29, 2022<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T08:57:23+00:00<\/span>

How to restructure your business in a tax-efficient way?<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T08:57:23+00:00<\/span>Friday, April 29, 2022<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

It's time for change! The reasons for change are many and varied. \u00a0In the not [...]<\/p><\/div><\/article>

8<\/span>Monday, February 8, 2021<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T08:59:09+00:00<\/span>

Stock options<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T08:59:09+00:00<\/span>Monday, February 8, 2021<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

This year, on January 12, 2021, changes to the Personal Income Tax Law and the [...]<\/p><\/div><\/article>

16<\/span>Thursday, May 16, 2019<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2025-06-28T07:24:58+00:00<\/span>

Dividends and building up the shareholding structure for Latvian companies<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2025-06-28T07:24:58+00:00<\/span>Thursday, May 16, 2019<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

This article describes the principles of planning dividends and shaping the tax-effective shareholding structure for [...]<\/p><\/div><\/article>

10<\/span>Sunday, February 10, 2019<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T09:18:20+00:00<\/span>

New Latvian Controlled Foreign Companies Rules<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T09:18:20+00:00<\/span>Sunday, February 10, 2019<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

As of 1 January 2019 Latvia has introduced controlled foreign company rules by amending the [...]<\/p><\/div><\/article>

26<\/span>Saturday, January 26, 2019<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T09:29:19+00:00<\/span>

Intangible assets revaluation<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T09:29:19+00:00<\/span>Saturday, January 26, 2019<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Intangible assets revaluation Question: Latvian company A has sold a trademark to another Latvian related [...]<\/p><\/div><\/article>

29<\/span>Monday, October 29, 2018<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T09:34:35+00:00<\/span>

New transfer pricing documentation requirements in Latvia<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T09:34:35+00:00<\/span>Monday, October 29, 2018<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

On 25 October 2018 the long-awaited amendments to the Taxes and Duties Act regarding the [...]<\/p><\/div><\/article>

2<\/span>Sunday, September 2, 2018<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T09:38:53+00:00<\/span>

Employee stocks and stock options<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T09:38:53+00:00<\/span>Sunday, September 2, 2018<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

On 15 June 2017, the Saeima adopted comprehensive amendments to the Commercial Law (these amendments [...]<\/p><\/div><\/article>

28<\/span>Saturday, April 28, 2018<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T09:41:55+00:00<\/span>

How to determine the market value of interest on loans to associated companies<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T09:41:55+00:00<\/span>Saturday, April 28, 2018<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Associated companies frequently issue loans to each other, which must, like other transactions between associated [...]<\/p><\/div><\/article>

31<\/span>Saturday, March 31, 2018<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-11-17T20:54:04+00:00<\/span>

Intra EU Goods Transport Treatment in Single Market<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-11-17T20:54:04+00:00<\/span>Saturday, March 31, 2018<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Haulier Customer Conditions VAT position Latvia VAT payer Latvia VAT payer Freight transportation [...]<\/p><\/div><\/article>

16<\/span>Saturday, December 16, 2017<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T09:51:26+00:00<\/span>

New Corporate income tax in Latvia: How to benefit?<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T09:51:26+00:00<\/span>Saturday, December 16, 2017<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

The companies have to pay the corporate income tax on profit distribution only, whereas the [...]<\/p><\/div><\/article>

9<\/span>Saturday, December 9, 2017<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T09:59:05+00:00<\/span>

Transactions between related parties as from 2018<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T09:59:05+00:00<\/span>Saturday, December 9, 2017<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Introduction In 2018 two important legal enactments were adopted which changed the regulations of the [...]<\/p><\/div><\/article>

29<\/span>Wednesday, November 29, 2017<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T10:01:18+00:00<\/span>

Comparison of the current and upcoming corporate income tax system<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T10:01:18+00:00<\/span>Wednesday, November 29, 2017<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Based on equal profits reported and fully distributed (after - tax) to individual shareholder. Latest [...]<\/p><\/div><\/article>

6<\/span>Friday, October 6, 2017<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T10:03:31+00:00<\/span>

How to finance a Latvian company in future<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T10:03:31+00:00<\/span>Friday, October 6, 2017<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

The new Corporate Income Tax Act into force on 1 January 2018. One of the [...]<\/p><\/div><\/article>

20<\/span>Wednesday, September 20, 2017<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2023-10-22T10:07:14+00:00<\/span>

Changes in the Latvia tax laws effective as of 1 January 2018<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2023-10-22T10:07:14+00:00<\/span>Wednesday, September 20, 2017<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Corporate income tax In the new Latvian Corporate Income Tax Act\u00a0(hereinafer - the Act) a [...]<\/p><\/div><\/article>

16<\/span>Tuesday, September 16, 2014<\/span><\/div>
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SIA Breicis<\/a><\/span><\/span>2024-10-31T09:17:05+00:00<\/span>

What taxes should I pay when I buy property in Latvia<\/a><\/h4>

SIA Breicis<\/a><\/span><\/span>2024-10-31T09:17:05+00:00<\/span>Tuesday, September 16, 2014<\/span>|<\/span>0 Comments<\/a><\/span><\/p>

Usually, an individual, which considers to buy property in Latvia for personal use, for example [...]<\/p><\/div><\/article><\/section><\/div>

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