COVID-19 In Latvia: FAQs By Taxpayers
| Published date | 02 August 2021 |
| Law Firm | Cobalt Legal |
| Author | Sandija Novicka |
What kind of state support measures are put into effect in the field of taxation?
In the field of taxation the following support measures are available to taxpayers affected by COVID-19:
- possibility to defer or split into installments accrued and current tax payments for a period up to 3 years, without paying late payment interest. Taxpayers can apply for this measure until 30 June 2021 and it shall be done via EDS within 15 days from the due tax payment term.
In accordance with the Regulation of the Cabinet of Ministers possibility to defer or split delayed tax payments into installments for a period up to 3 years, without paying late payment interest will be available to any company affected by COVID-19, whose turnover from commercial activity during the respective 2020 and 2021 months has decreased by...
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