The Saeima has adopted and the President promulgated the following laws: the amendments to law "on personal income tax" make law "on personal income tax" (the Republic of Latvia Supreme Council and Government Informant, 1993, 22/23.nr.; The Saeima of the Republic of Latvia and the Cabinet of Ministers rapporteur, 1994, nr. 2, 23; in 1995, 8., no. 14; 1996, no. 9; 1997, nr. 3, 21; in 1998, no 1; 1999, nr. 24; 2000, no. 5; 2001, no. 1) the following amendments: 1. in article 8: to supplement the first subparagraph following the words "payroll tax" with the words "according to this article, the second, fourth and fifth of the";
to supplement the article with the fourth and fifth by the following: "4. the second paragraph of this article shall not apply to income that an individual obtains on the basis of the employment relationship, which requires the person to employ domestic company-owned or owned by the international transport ship, to be used when a ship registered in Latvian register of Ships. The income of that person for which the payroll tax is payable, it is on the basis of employment income part of the Cabinet of Ministers established the two-year minimum (monthly) wage.
5. From the payer's income for which pay payroll tax, excludes employee benefit employer contributions made by private pension funds under the licensed pension plans and life insurance paid (to the cumulation) amounts of premiums, which together do not exceed 10 per cent of the calculated the taxable gross income tax year and paid in life (without funds accrual), health or accident insurance premium amount not exceeding 10 per cent of the calculated the taxable gross income tax year but not more than 180 lats year, if the following conditions are met: 1) the duration of the life insurance contract (with storage) is not less than five years;
2) duration of life, health and accident insurance contract (without funds accrual) not less than one year;
3) life, health and accident insurance, the provisions of the Treaty provides that the insurance reimbursement for claims paid to the insured person (or their beneficiaries) other amounts associated with the operation of the agreement or its termination, the employer costs, and does not provide for the issuance of loans to the insured persons;
4) employer pēctaksācij period on the first day of the second month of no tax liability for prior periods. "
2. in article 9: to make the first part of paragraph 3 as follows: "3) income from deposits and deposits in the Republic of Latvia registered credit institutions and credit unions, as well as income from mortgage-a mortgage;";
make the first part of paragraph 19 of section "c" by the following: "(c)) a real estate sales person, which has been the property of less than 12 months";
Add to the first part of paragraph 20 with the text by the following: ' — the annual non-taxable minimum; ";
Add to the first paragraph of article 24 and 25 with the following: "24) income from private pension funds contribution-made;
25) that, on the basis of religious organizations or institutions of the Authority (officials), provided the decision of religious organizations or the funds — annual non-taxable minimum. ";
replace the second part of the number and the words "and in paragraph 16" with numbers and the words "16, 20 and 25".
3. Article 10: adding to the first subparagraph of paragraph 5, after the words "the contribution" with the words "together with the parts referred to in paragraph 6, the payment of insurance premiums, according to the life insurance contract (with storage)";
Add to the first part of paragraph 6 by the following: "6) insurance premiums payments made according to the life insurance contract (with storage), pursuant to article 8 of this law, the fifth subparagraph 1., 2., and 3. the conditions of paragraph, and which, together with those parts listed in paragraph 5 contributions private pension funds does not exceed 10 percent of a person's annual taxable income.";
replace the numbers in the second paragraph and the words "in paragraph 1 and 5" with numbers and the words "1, 5 and 6".
4. Add to article 11 paragraph 13 of part three of the text in brackets after "income tax" and "value added tax".
5. Express article 28 paragraph 4 by the following: "4) store revenue and eligible expenditure supporting documents for at least three years after the deadline for the submission of income statements, as well as through economic activities, to enumerate the operating income and expenses, keep revenue and expenditure supporting justification documents for at least five years, but in cases where the taxpayer under the law applies a special tax regime for exceeding five years — all the special tax arrangements. The payer must be able to produce these documents or to submit copies of the State revenue service territorial authority at its request. "
6. transitional provisions be supplemented with paragraph 9 by the following: "9. The law of article 8, fourth subparagraph shall apply, starting with the year 2003."
The law shall enter into force on 1 January 2002.
The law adopted by Parliament in 2001 on November 22.
State v. President Vaira Vīķe-Freiberga in Riga, 2001 December 7 Editorial Note: the law shall enter into force on January 1, 2002.