#WallessTaxCookies | Here is why: a company’s buy-back of its own shares in Latvia may be subject to CIT.

Judging by how heated the discussions got, this is a point that is often missed – companies do not always realise that the buy-back itself can trigger a CIT liability.

This can arise also under employee share option plans or in connection with a share capital reduction.

Planning a buy-back? Keep alert – check the CIT angle before you sign off.
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