According to INE data, Spain’s trade deficit has gone from 2,136 million euros in February 2023 to 1,001 million euros in February 2024. This reduction represents a reduction of 53% compared to the same period of the previous year and the lowest figure recorded since February 2020. This reduction in the trade deficit is largely … Read more
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In December, LIAA reviewed and supported 7 new film ideas, which are planned to be filmed in Latvia this year. They were submitted by local film producers who found and persuaded foreign colleagues to come to Latvia to work. This year’s forecast was that the compensation will be around 3 million euros. But cinema creators … Read more
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The minister pointed out that the situation in the economy is changing very rapidly, among other things, if in August of last year the Ministry of Finance predicted growth in the Latvian economy in the amount of 2.4% in 2024, then the latest forecasts show that the growth will not be higher than 1.4%. Similarly, … Read more
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The Ministry informs that Bogdanov has extensive experience in strategic planning, management of complex processes, as well as in communication between investors and entrepreneurs. Bogdanovs received his legal education at the Riga Law School and the University of Latvia, and also supplemented his skills with several international certificates, ensuring a comprehensive understanding of the dynamics … Read more
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The conversation unfolded after the Cabinet of Ministers adopted the procedure by which a public person implements legal land use relations. Although amendments to the Public Entity Land Lease and Building Rights Regulations were adopted, the ministers expressed their belief that the government should think about reviewing the policy as a whole. Asheraden said that … Read more
The suspension of tax and insurance obligations for the flood victims of September 2023 is extended for an additional six months. As pointed out in a joint announcement by the Ministries of National Economy and Finance, Labor and Social Security and Climate Crisis and Civil Protection, “with the cooperation of the ministries involved in the … Read more
You can reserve through mobile banking at 4 banks. Savings bonds 2024, 5 year model, fixed interest rate 3.00% per year, 10 year model, fixed interest rate 3.40% per year. Many people are disappointed. Purchased savings bonds from the Wallet of the Ministry of Finance in fiscal year 2024 on the Paotang app on March … Read more
Automatic completion and submission of tax returns, “unlocking” of tax information due to debts owed to third parties, tax audits by the AADE auditors’ offices with new digital tools and also abolition of the presentation of books for audit by self-employed professionals brings the new tax bill prepared by the ministry of National Economy and … Read more
Jakarta – The government provides incentives in the form of Government Borne Sales Tax on Luxury Goods (PPnBM) (DTP) on the import and/or delivery of certain four-wheeled Battery-Based Electric Motor Vehicles (KBLBB). These provisions are regulated in Minister of Finance Regulation (PMK) Number 9 of 2024 which will come into effect on February 15 2024. … Read more
The latest revision of the Ministry of Finance’s “luxury housing standards” has caused panic among the public! The housing agency today (19th) compiled the transaction volume of real-price registered luxury homes over 10 years old in 2023 and found that after the new system’s road-going standards are expanded, “Kaohsiung and New Taipei will become the … Read more