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The world of corporate philanthropy is far from uniform, especially when it comes to taxation. A closer look at European countries shows how the design of tax policies varies, a divergence that extends to neighboring countries. Using Latvia as the “base country,” this article looks at the...
During the summer period, when several employees go on vacation at the same time, it often happens that employees have to replace even two or more colleagues during their absence. Can an employee replace several colleagues at the same time?
In a job where it is not possible to predict the work schedule, a part-time employee is hired. According to Article 40, Part 2, Clause 7 of the Labor Law (DL), in such a situation, the following information should be specified in the employment contract:the work schedule is variable;contracted...
How to correctly coordinate documents by e-mail so that they serve as evidence if necessary?
The company is engaged in the retail trade of tobacco and alcohol. A two-day event is being held, which will be attended only by invited customers and cooperation partners. The purpose of the event is to introduce the newest products and to conduct their tasting. Premises, various types of...
Can a self-employed person who is also a value added tax (VAT) payer not issue an invoice to a natural person for the service received (except if the person needs it) if the payment for the service is made by bank transfer?
Men in Latvia live on average less than four years after reaching retirement age, which is almost five times less than in Norway and Sweden, while women in Latvia live less than 14 years, which is 10 years less than in Austria, Slovenia, Turkey and France.
The medical company plans to provide services - to perform various laboratory analyzes for foreign companies engaged in medical research. Are these services subject to value added tax (VAT)?
Donating to sports, culture or art is more profitable for companies operating in Lithuania, the donor support system in Latvia is not as welcoming as in its southern neighbor, and it is on par with Estonia, but it is also not as generous.