President of Georgia Giorgi Margvelashvili sent a letter to his Turkmen counterpart Gurbanguly Berdimuhamedov on the occasion of the 25th anniversary of establishing diplomatic relations between the two countries, the Turkmen government said in a message. In his letter, Margvelashvili expressed readiness to deepen and expand mutually beneficial partnership with Turkmenistan. The Georgian president pointed…
Around 350 proposals have been received by the Latvian parliament in relation to tax reform laws. Last week, the Saeima supported tax reform laws in the first reading. This week, on the other hand, it is planned to review them in the final reading. Janis Vucans, head of Saeima’s Budget and Finance Committee, had previously…
More than half of Latvian employers pay their employees wages below the minimal monthly amount, said Director of the State Revenue Service Tax Control Office Sandra Karklina Admine on July 24. She says SRS puts a lot of effort into combating grey economy. Combating envelope wages will be one of this year’s main priorities, she…
The Ukrainian Ministry of Economic Development and Trade has published a list of state enterprises, organizations and institutions that will either remain in state ownership or will be transferred to concession, privatized or liquidated. The Cabinet of Ministers approved the relevant documents that together represented a strategic vision for the further management of state-owned enterprises,…
The tax reform submitted to the Saeima for approval is one big disappointment that will not improve competitiveness, said head of the Monetary Policy Office of the Bank of Latvia Uldis Rutkaste. According to him, the tax reform will not resolve the main problems of Latvia’s tax system. “The tax reform will not improve competitiveness…
In the first half of 2017, tax arrears in Kyrgyzstan reached 2.5 billion soms. Bad debt is estimated at 738.2 million soms – 1,888 taxpayers left debts. This is almost a third of the total debt. In half a year, the tax authorities forcibly collected 1,687.4 billion soms of debts to the budget. 42,729 tax…
President Shavkat Mirziyoev signed a Decree “On measures for radical improvement of tax administration, increase tax collection and other obligatory payments”. The decree notes that the country has formed a tax system that provides for a consistent reduction of the tax burden and creates a favorable climate for business development and attracting foreign investment. However,…