Amendments To The Law "on Personal Income Tax"

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

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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, 24; in 2002, no 6; 2003, no. 15; 2004, nr. 2, 2., 8., 2005, no. 24; in 2006, 14, no. 22; 2007, 3, 12, no. 24; 2008, no. 12; 2009, 1., 2., no. 15, 16; Latvian journal, 2009, 200. no; 2010, 82, 131.178.206., no; 2011, 99, 144, 157, 204. no; 2012, 44, 88, 92, no. 192; 13, 194, 232, 234. No.; 2014, 47, 57 no) the amendments are as follows: 1. Article 3, third paragraph: express the following paragraph 11: "11) interest income and equivalent income also interest income associated with income, except: (a) interest income from Latvia) or other Member State of the European Union or European economic area State and local government securities, (b)) interest income, interest income, also similar to interest income income from related existing publicly traded financial instruments;" 12. turn off point "b" above the words and figures "in accordance with the law" on enterprise income tax "in the fourth paragraph of article 3, paragraph 4 of the" a "at the rate prescribed in paragraph". 2. in article 8: Express 2.9 and 2.10 part as follows: "2.9 believes that the Corporation Board member received the taxable income, which comply with the regulations set the minimum monthly wage around the current taxation year the Corporation in a month when no employees or members of the Management Board, taking consideration which is not less than the statutory minimum monthly wage, if the taxation year month turnover is greater than the statutory five minimum monthly wage. part of This article 2.9 2.10 does not apply to: 1) if any member of the Board of the Corporation, which meet the criteria referred to in paragraph 2.9, as Board member in another Corporation in the current month earns a consideration which is less than the statutory five minimum monthly wage, and both companies are members of the Group of the law "On enterprise income tax"; 2) in a calendar year when a corporation registered in the register of the company. "; Add to article 11.1 of the part as follows: "the meaning of this law 11.1 percent comparable income is income from the disposal of debt securities." 3. Add to article 8.1 of the seventeenth paragraph, after the word "the" with the words "credit institution or financial institution for development". 4. Supplement article 8.2 the seventh subparagraph after the word "the" with the words "credit institution or financial institution for development, or. 5. in article 9: replace the first subparagraph of paragraph 1, the number "2845.74" by "3000"; to supplement the first part with a 4.2 point as follows: "42) institutions for occupational retirement provision, which formed from the same physical person or the spouse, or a person in relationship to the third degree, within the meaning of the civil code, made payments to the private pension funds under the licensed pension plans and paid retirement plan participants;" replace the first part of 20, 25 and 27, the words "the non-taxable minimum amount" with a number and the words "1000 Euro per year"; to supplement the first part with 32.1 point as follows: "321) employer's gift, which tax year does not exceed Euro 14.23;"; to supplement the first part with the 36.2 36.3 36.4 points, and by the following: "362) compensation paid for damage caused to the victim on the basis of a court order or voluntary basis in criminal proceedings; 363) in accordance with the law "on the certificate authorities, Prosecutor's Office or court illegal or unjustified action caused the damages" paid loss recoveries, who is not related to the job (service) or termination or not income generating nature; 364) reward for moral damages on the basis of a court ruling in a civil case. " make the third subparagraph by the following: "3. the provisions of this article shall not apply to the non-resident's income earned in Latvia, except: 1) that income tax year Latvia received non-resident, who is the other Member State of the European Union or the European economic area country resident, and who is more than 75 percent of all residents in question did not gained income; 2) non-resident income referred to in the first subparagraph of article 14 and paragraph 17, and the first part of this article 16 and 16.1, the compensation referred to in paragraph 1 which are not resident paid to cover his work or the carrying out of their duties related to travel or travel expenses; 3) of the first paragraph of article 33, 33.1, 34.1, 34.2, 34 and income referred to in paragraph 1 which have non-resident, who is the other Member State of the European Union or the European economic area country resident; " replace the part number "3.5" 2845.74 with the figure "3000". 6. Express article 11 the thirteenth part as follows: "13. Person who derives income from the backyard holdings or personal palīgsaimniecīb, or from the mushrooming, berry picking or wild herbs and flowers collection, if that income in accordance with article 9 of this law, the first subparagraph of paragraph 1 shall not exceed eur 3000 a year, may not register as a business activity. To determine the days when this part of the article mentioned in the tax year the income amounted to eur 3000, the payer of income accounts make writing a freely chosen form, adding a small income. " 7. Make the fourth paragraph of article 11.1 (3) as follows: "part 3) interest payment that exceeds the interest payment the amount of which is calculated by applying the debts of the law" on enterprise income tax "in the first paragraph of article 6.4 specified percent limit and interest payment is made between a person and the company and the person is with a company related to the law" on enterprise income tax "in article 1, the fifth subparagraph;". 8. in article 11.6: Supplement to article 1.1 part as follows: "1.1 the income from economic activity used in real estate-the Corporation's share capital is defined as the exchange of capital or the nominal value of the shares and the remainder immovable property values. In determining the income from economic activity used in real estate-the Corporation's share capital, operating costs of scrapped interest payments amount to be paid for this credit for the acquisition of immovable property, throughout the time when the real estate is used for economic activities, shall not be taken into account. "; to supplement the article with a 2.1 share the following: "2.1 if the real property is reclassified and 60 months from the date of the reclassification of equity invested in the Corporation in Exchange for shares of a corporation or shares, the income that accrued when the real estate investment Corporation's share capital, will be determined in accordance with article 1.1 of the part." 9.7.3 article: replace paragraph 2 of the third paragraph, the number "2845.74" by "3000"; to complement the fourth paragraph after the words "and" forest "with the words" or any other form of land (scrub, swamps, the ground beneath the waters) "; to supplement the article with a fifth by the following: "5. the third paragraph of this article shall not apply if it is forfeit real estate and the real estate object togetherness consists of agricultural land and buildings or structures." 10. Add to article 7.4 7.4 part with the following: "7.4 Income from real estate-the Corporation's share capital is defined as the exchange of capital or the nominal value of the shares and the acquisition of real estate values." 11.10 article 11: replace the second and third paragraph, the words "the law" on value added tax "threshold, which entails the obligation to register with the State revenue service value added tax register of taxable persons" with the words "the value added tax act threshold, which provides for the obligation to register with the State revenue service value added tax register"; express the ninth part (1) of the following: "1) assigned a retirement pension (including premature) and it has the right to apply to the non-taxable minimum for pensioners;". 12. Supplement article 11.12 with 8.1 part as follows:

"the person who at 8.1 on the same income the paying agent receives a seasonal farm worker income and other income from the company's contract or the execution of the contract shall not be subject to the provisions of this article and pay tax in the law in General." 13. in article 12: replenish the fifth subparagraph following the words and figures "the tax-exempt amount is € 2820 year" with the words in brackets "(within the meaning of this law, the non-taxable minimum for pensioners)"; Add to article 10.1 part as follows: "10.1 Person with old-age pension in accordance with foreign legislation and which reached the law" on State pensions "article 11 the age laid down in the first paragraph of this article shall apply to the fifth part of the non-taxable minimum. If other country appropriated old-age pension is not liable to tax, the taxable person is entitled to the non-taxable minimum for pensioners to apply, by way of the positive difference between the non-taxable minimum for pensioners and other State old-age pension awarded. " 14. To supplement article 13, third paragraph, after the words "that person" with words and numbers in brackets "(except for persons up to the age of 19, which learns the General, vocational, higher or special education authority and the tax year from 1 June to 31 august, receives with the payroll tax or seasonal farm workers ' taxable income)". 15. Article 15: to supplement article 7.1 part as follows: "3. This Act article 7.1 of part three of the 12 b income referred to in paragraph 5 shall be applied to the interest rate." to supplement the article with the eleventh subparagraph by the following: "the members of The partnership 11. attributable to the partnership's taxable income, which is part of the return on capital, not capital gains or income from capital gains, the question this article 3.1, part rate." 16. To supplement the article with a 4.1 share of 16.1 the following: "4.1 If an individual Corporation's share capital invested in real estate in Exchange for shares of a corporation or shares, then such income generating days resulting from real estate-the Corporation's share capital, shall be deemed to be the day in Exchange for the shares or the shares are disposed of." 17. the express article 7.3 part as follows: "7.3 Years expires, the seasonal farm worker income paying agent within 15 days after the seasonal farm worker income tax payer's receipt of the notice issued to him for the natural person paid amounts." 18. Article 19: express the second paragraph, the second sentence as follows: "Declarations are displayed all the taxpayer during the tax period (calendar year) earnings, tax-free income, if the total amount exceeds 4000 euro per year, with the exception of this law, article 9, first paragraph, 37, 37.1, 37.2, 38, and 39.40. allowances or referred to the State social insurance agency paid allowances, as well as article 9 of this law, the first part of paragraph 29 and 31 above income."; Add to article 2.4 part as follows: "this article 2.4 2.1 part does not apply to the taxpayer for the taxation year, in proportion to those calendar days in which it is located on parental leave as well as temporary disability, pregnancy and maternity leave of the calendar day for which the taxable person has been granted a disability page" B "." 19. Article 20: make the first paragraph by the following: "1. A domestic taxpayer that the tax year has received income in the Republic of Latvia, the cost of which is withheld in taxes, if she received this law, article 9 referred to in the first paragraph of non-taxable income does not exceed the overall amount of eur 4000 or the taxable income consists solely of the Latvian budget paid out this law, article 9, first paragraph, 37. , 37.1, 37.2, 38, 39 and 40, paragraph. benefits or State social insurance benefits paid by the Agency, or in accordance with article 19 of this law the second part of the earnings are not subject to presentation of the Declaration, have the right not to make a declaration, if this law or other laws provide otherwise. This condition is also applicable when a domestic taxpayer during the taxation year has received only certain types of income listed above. "; to turn off the second sentence of the second paragraph. 20. off article 27. 21. Supplement article 28 with paragraph 15 as follows: "15) within five working days after the day on which the Bill article 11 of this law the thirteenth part of taxation referred to in annual income has reached 3000 euros, registered in the State revenue service as an economic operator and alert the State revenue service, or the Bill, starting with the next day, when those earnings are over 3000 euro, operating income in accordance with the provisions laid down in this law or in article 11 11.1." 22. Supplement article 32 second subparagraph, after the words "within the" with the words "not registered economic activity or". 23. To supplement the provisions of the third paragraph of article 32.1 by the word "the" with the words "and of the Declaration". 24. transitional provisions: to replace in paragraph 44 and the number "2014" and with numbers and the word "2014, 2015, 2016 and 2017.."; Replace in paragraph 52 and the number "2014" and with numbers and the word "2014, 2015, 2016 and 2017.."; transitional provisions be supplemented with 114 and 115, 113. the following paragraphs: "113. amendments to article 8.1 of this law the seventeenth and seventh subparagraph of article 8 shall enter into force on 1 March 2015. 114. an amendment concerning article 15 replenishment with the eleventh part apply to income from 1 January 2015. 115. Article 19 of this law shall apply to the part of 2.4, starting with the tax year starting in 2015. " The law shall enter into force on January 1, 2015. The Parliament adopted the law in 2014 on December 17. The President a. Smith in Riga 2014 on December 30.


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