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We at BDO Latvia are embarking on yet another journey from Riga to work together to enhance the environment for the second year in a row. In order to transform this vacant plot of land into a lovely birch grove in the future, we planted more than 2,000 birch saplings there in collaboration with...
The current chairman of the management board of BDO Latvia, Jānis Zelmenis, has voluntarily decided to temporarily step down from his management duties effective 14 April 2023. His decision is based on his commitment to protect the company's impeccable reputation, and is taken in light of the...
IASB recently published the Exposure Draft Amendments to the Classification and Measurement of Financial Instruments, which proposes amendments to IFRS 9 Financial Instruments and IFRS 7 Financial Instruments: Disclosures. The proposed amendments respond to feedback received from a post...
Perhaps the only story that could surpass the interest generated by the OECD’s taxation of the digital economy saga is Brazil’s path to adoption of the OECD’s transfer pricing guidelines and the arm’s length principle. Years in the making, that story took a big step forward in late December 2022,...
Latvia’s commercial real estate market saw a high volume of transactions in the past few years, involving shopping centers, stores, offices, and other types of properties. BDO Law Head of Legal Raivis Leimanis chart the market’s performance in a foggy 2022 in the latest CEE Legal matters article....
European Sustainability Reporting Standards (ESRSs) will significantly expand the reporting requirements for many entities operating in the EU, including a requirement to measure and disclose Scopes 1, 2 and 3 emissions, along with explaining how climate risks affect an entity's governance...
BALTIC RETAIL SYMPOSIUM 2023, a forum organized by Dienas Bizness, took place yesterday.2023 was a long-awaited year for the retail market, when life gradually should have returned to the new normal. The market has, however, kept rolling along and retailers in the Baltics have now reached the...
Measuring Scope 1, 2 and 3 emissions will be a fundamental requirement in sustainability reporting frameworks, including IFRS Sustainability Disclosure Standards, European Sustainability Reporting Standards and US SEC rules. BDO’s Sustainability At a Glance – The Greenhouse Gas Protocol...
February was “budget month” for a number of countries. Italy’s 2023 budget contains several measures that will impact MNEs with Italian operations, including an extension of the capital gains tax rules to apply to both direct and indirect transfers of shareholdings in Italian companies. India’s...