Latvia: foreign investors want multiple changes for tax system

Foreign investors in Latvia propose establishing a single tax regime for all short-term small service providers that perform services on their own, stresses the Foreign Investors Council Latvia (FICIL) in its document on tax policy. Investors also recommend expanding the existing simplified tax payment regime to include taxpayers like nannies, barbers, photographers, cleaners, designers and…

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Ukraine: trade and economic cooperation discussed with Spain

Ukraine and Spain have discussed expanding cooperation in investment, energy efficiency, renewable energy sources, transport infrastructure and tourism, the press service of the Ministry of Economic Development, Trade and Agriculture of Ukraine has reported. These issues were discussed during a meeting between Deputy Minister of Economic Development, Trade and Agriculture and Ukraine’s Trade Representative Taras…

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Ukraine: Yaresky Sugar Refinery starts receiving raw materials

On September 9, beet-receiving station of Yaresky Sugar Refinery, a part of “Astarta-Kyiv” structure, began receiving raw materials. The first sugar beets came from the fields of Dovzhenko Agricultural Company. “The 2020 sugar beet-processing season has almost started, our sugar factory is launching in a few days”, the company noted. “Astarta” combines 5 regional subdivisions:…

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Latvia: minimal social contributions to be paid by all citizens

Compulsory minimal state social insurance contributions should be paid by all Latvian citizens, because everyone should be socially protected independently regardless of their sector of employment, said Culture Minister Nauris Puntulis. When asked about a comment on culture industry’s workers’ arguments that minimal social contributions would not guarantee financially secured retirement anyway, the minister said…

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