Walless Tax Cookie: Tax time for Latvian PEs
2024 11 14
With a new year approaching, it is a good time to remind that permanent establishments (including branches) in Latvia must submit the last CIT return for FY 2024 together with the balance sheet and profit or loss statement by 20 January 2025.
Notably, tax surcharges from corrections to the year-end declaration are exempt from late fees if submitted within four months and based on profit or loss adjustments.