Amendments To The Law "on Enterprise Income Tax"

Original Language Title: Grozījumi likumā "Par uzņēmumu ienākuma nodokli"

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Read the untranslated law here: https://www.vestnesis.lv/ta/id/215306

The Saeima has adopted and the President promulgated the following laws: the amendments to the law "on enterprise income tax" to make the law "on enterprise income tax" (Latvian Saeima and the Cabinet of Ministers rapporteur, 1995, 7, 24 no; 1996, nr. 9, 15; 1997, no. 8, 24; 1998, nr. 8, 21; 1999, no. 6, 24; 2000, no. 9; 2001, 1, 5, 24 no; 2003; 2005, 15 No 2. 24. no; in 2006, no 1; 2007, 3, 12, no. 24; 2009, 1, 15, no. 21; Latvian journal, 2009, 175, 200. no; 2010, no. 102) the following amendments: 1. Supplement article 2 with the sixth part as follows: "(6) the limited liability company, sole proprietorship, as well as a farmer or fisherman's farmstead that is registered as a taxable person, the micro-enterprise income tax includes a joint micro tax under the Tax Act Micro."
2. Supplement article 3 with 1.2 part as follows: "(12) in the case of a limited liability company, as well as the individual farmer or fisherman's farm that is registered as a taxable person, micro taxable object and tax rate is set at a micro Tax Act."
3. Supplement article 4 with the ninth subparagraph by the following: "(9) the provisions of this article do not apply to the society with limited liability, individual companies as well as farmers or fisherman's farm that is registered as a taxable person micro."
4. Supplement article 6 with the eighteenth as follows: "(18) by a taxable person who employs the employee who is serving in the National Guard, the tax period taxable income may be reduced by the amount of the employee's salary on the part of the staff member concerned is calculated on the national guard service tasks or training a militia involved in the substitution and which does not exceed the period in the militia work replaced the contractual remuneration according to the substitution period. Taxable income may be reduced according to the provisions of this part, if a staff member serving in the National Guard, has been working in legal relations with the tax payer more than three months (before the national guard service tasks or training for the start of the day). "
5. Article 13: adding to eighth in the third sentence by the following: "If the tenant real estate lease without purchase and in this property are made by reconstruction, improvement or reconstruction work, but the contract is terminated before the deadline due to the tenant's business turnover or profit margin decline (the leased premises) by more than 30 percent (comparing scores from the beginning of the tax period until the date of expiry of the contract with the pirmstaksācij period the period in question) or of the tenant as a result of circumstances except when the contract is terminated by the lessor, the lessee's taxable income reduced by asset reconstruction, improvement or recovery of the remaining amount paid in the taxation period in which the agreement terminated. ";
to supplement the article with the thirteenth part as follows: "(13) limited liability company, sole proprietorship, as well as a farmer or fisherman's farmstead that during one or more periods of micro pirmstaksācij paid tax, starting pay corporate income tax in accordance with the provisions of this law, the net book value of fixed assets at the beginning of the period of taxation down from asset acquisition or creation, plus the value of the fixed asset improvement, renewal and reconstruction costs, less depreciation value calculated for periods of pirmstaksācij in accordance with the provisions of this article. If a limited liability company, sole proprietorship, as well as farmers or fishermen before the holding of the micro-taxable status pay corporate income tax in General, then resumes to pay corporate income tax in accordance with the provisions of this law, the category of fixed assets net book value at the beginning of the tax period is determined by adjusting the net book value of fixed asset category for it on the last day of the tax period in which the decision was taken in the year of the pēctaksācij to pay the tax on micro-enterprises in accordance with the provisions of this article for the period in which the taxable person has paid tax "of micro.
6. Supplement article 14 with the sixteenth part of the following wording: "(16) for the loss which the society with limited liability, individual companies as well as farmers or fisherman's farm that is registered as a taxable person, micro occurred before the taxable status of micro-enterprises, is not covered in subsequent periods of taxation."
7. Supplement article 14.1 with 7.2 part as follows: "(72), limited liability company, which pēctaksācij of the year become a micro-tax losses, tax period is not entitled to transfer to another team."
8. Supplement article 22 with the eleventh subparagraph by the following: "(11) the provisions of this article do not apply to the society with limited liability, individual companies as well as farmers or fisherman's farm that is registered as a taxable person micro."
9. Article 23: adding to eighth following the words "taxable person" with the words "and the taxable person during the period of pirmstaksācij was registered as a taxable person" micro-enterprises;
Supplement to the twelfth article as follows: "(1) a limited liability company, sole proprietorship, as well as a farmer or fisherman's farmstead that is registered as a taxable person, a micro-tax advance payments not made."
10. transitional provisions be supplemented with 92 and 93 above. the following wording: "92. This law, article 6 of the eighteenth applies with the taxation period starting in 2011.
93. the law on the amendment of article 13 in the eighth for its complementarity with the third sentence shall apply with the tax period, which started in 2009. "
The law shall enter into force on September 1, 2010.
The Saeima adopted the law on august 9, 2010.
President Valdis Zatlers in Riga V 2010 august 19