The Saeima has adopted and the President promulgated the following laws: For corporate income tax, chapter I General provisions article 1. The terms used in the law (1) the terms used in the law comply with the law "About taxes and duties", "accounting", "Of the annual accounts", "on the banks" and "insurance" used terms, if this law provides otherwise.
(2) domestic companies-the meaning of this law all companies and companies that are considered residents in accordance with the law on taxes and duties ".
(3) related companies-the meaning of this law, two or more undertakings, if: 1) they are mother and daughter business;
2) one business interests in other companies is 25 to 50 percent, and the company does not have a majority vote;
3) more than 50 percent of the share capital or the value of the company in each of these two or more undertakings owned or contracted or otherwise has the decisive influence in these two or more companies (majority): a) the same person and that person's relatives to the third degree if the person's spouse, or the person existing affinity up to the second degree , b) or more, but not more than 10 of the same persons, c) or undertaking in which a natural person (or their relatives up to the third degree, or spouse, or the person existing affinity up to the second degree) owns more than 50 percent of the company's share capital or shares;
4) the same person or the same persons are majority this company boards;
5) between these companies in addition to contract for a specific transaction in any form is an agreement (including an agreement that is not made known to the public) of any unforeseen additional remuneration or these companies take other concerted activities for the purpose of the tax reduction.
(4) the Person-the meaning of this law person or entity relating to the contract or group of such persons or groups of such persons or agents.
(5) a person associated with the company-the meaning of this law the person (they are relatives to the third degree, or spouse, or the person existing affinity up to the second degree) owns more than 50 percent of the company's share capital or shares or (the relatives up to the third degree, or spouse, or the person existing affinity up to the second degree) is a treaty or otherwise ensure the decisive influence in the company.
(6) dividends-the meaning of this law, cash or other things (in kind) from the company's shares, shares, other equity shares or debt obligations not resulting from rights to participate in the profits of this company. This term does not apply to income in cash or in other cases (in-kind) received by the company in the event of liquidation.
(7) interest income (fruit)-the meaning of this law, income from any debt obligation, the State released securities, income from bonds and debentures, including premiums and prizes that are affiliated with these securities, bonds or debentures.
(8) consideration of intellectual property-the meaning of this law, any payment you receive as compensation for any copyright or rights to use the copyright in a literary, scientific or artistic works, including computer programs, motion pictures, videos or sound recordings, any patent, trade mark, design or model, plan, secret formula or process, or for the right to use industrial, commercial or scientific equipment, or for their use, or for information concerning industrial , commercial and scientific activities and experience.
(9) economic activity-the action of this law, which is geared to the production of goods, jobs, trade, services and other activities for consideration.
2. article. (1) the taxable corporate income tax are: 1) the domestic companies doing business, public and religious organizations and the State budget or local budgets funded bodies that derive income from economic activities and not covered by this article, the second, third, and fourth part (hereinafter residents);
2) foreign companies, companies, individuals and other persons (non-residents);
3) non-resident permanent missions (hereinafter referred to as permanent representations).
(2) corporate income tax does not pay State enterprises, financed from the national budget authorities, with income from operating activities for the special budget, which is part of the national budget, as well as from the municipal budget to finance institutions whose income from operating activities for local government budgets in special, and non-profit organizations.
(3) the limited partnership business income tax does not pay alone, but each Member of the partnership paid the personal income tax or corporate income tax due for the profits of a partnership. A limited partnership shall submit a statement on retained earnings for recipients.
(4) corporate income tax does not pay individuals and individual companies (including farmers and fishermen holding), which is not required to submit the annual report according to the law "on the annual accounts of undertakings". The business owners pay personal income tax on business income. These provisions do not apply to companies that are registered as corporate income tax within five years of the registration year (inclusive).
3. article. The taxable object, the tax rate and the tax period (1) in respect of residents of the taxable object is a tax period in Latvia and abroad high taxable income. The tax is 25 percent of the taxable income.
(2) in relation to the permanent representation of the taxable object is a tax period in Latvia and abroad, these representations independently the taxable income gained. The tax is 25 percent of the taxable income.

(3) if the non-resident in Latvia directly in business activities, including trade or service provision, which is the same as this business of a non-resident Permanent Representative Office or subsidiary in Latvia, then this non-resident direct incomes obtained in Latvia, in Latvia, in favour of the existing permanent missions or subsidiary income and taxable corporate income tax at a 25 percent rate.
(4) in respect of non-residents taxable object is income from a business or related activities. The tax is withheld from payments that residents and permanent representation in the cost of non-residents, including natural persons, if these payments are not subject to personal income tax. Corporate income tax is withheld from: 1) dividends – 10 percent of the amount of the dividends;
2) remuneration for management and advisory services to 10 percent of the amount of remuneration;
3) interest payments if the payer and the recipient are related companies or individuals, to 10 percent of those payments, but the interest payments in the Republic of Latvia registered commercial banks paid to related companies or individuals – 5 percent of those payments;
4) payment for intellectual property: a) the payment of copyright or rights to use the copyright in the literary or artistic works, including motion pictures, videos or sound recordings-15 percent of those payments, b) payments for the other types of intellectual property – 5 percent of those payments;
5) remuneration for the use of property in Latvia-5 percent of the amount of this remuneration;
6) income from securities sales in Latvia – 10 per cent of those revenues;
7) income from the Latvia real estate sales-25 percent of those revenues.
(5) the fourth paragraph of this article 6 and 7 above income is calculated and withheld Cabinet.
(6) for the purposes of this article the management and advisory services is the set of operations, carried out by non-residents directly or through external personnel to ensure domestic companies (resident) or other non-resident permanent representation to management or to provide it with the necessary advice.
(7) the tax period is the calendar year. Companies who have worked less than a calendar year, the taxation period is the actually worked time during this calendar year.
Chapter II determination of taxable income article 4. Resident and permanent representations of taxable income (1) taxable persons (hereinafter also-payer)-residents and permanent representations – taxable income is in line with the law "on the annual accounts of companies" 11 and article 12 of the law on banks or ", or the law" on insurance "Bill in the profit and loss statement the reported amount of income before corporate income tax calculation, which is respectively increased or decreased by the expenditure or expenditure amount that are not directly related to the economic activity of the taxable person and the amount of damages, which are created by a person belonging to the social infrastructure maintenance. Taxable income is adjusted (amended) in accordance with this Act.
(2) permanent representation in the taxable income is determined by the Cabinet of Ministers.
(3) the reference to the taxpayer's profit increases or decreases below is to be understood as a reference to the relevant loss of reduction or increase.
(4) the adjustment of taxable income, increasing or decreasing the procedure laid down in article 6, may be undertaken only if, in determining the taxable profit or loss is taken into account in the first paragraph of this article.
(5) the individual company (also a farmer or fisherman in household)-corporate income tax-payer must file annual accounts according to the law "on the annual accounts of undertakings".
(6) taxable income from securities and in Latvia, real estate sales is calculated in accordance with the provisions of the Cabinet of Ministers.
5. article. With economic activity related expenditure (1) expenditure which is not directly related to economic activity, plus all the business expenses of the owner and an employee recreation, leisure travel, recreation activities and non-business owner or employee travel by road, the company benefits, donations, the dāvinājumo converted to credits and loans, as well as other costs, in cash or in other cases (in kind) owners or employees who are not listed as remuneration for work done or not related to the taxpayer's business.
(2) the taxable income may not deduct the taxpayer-owned social infrastructure objects are created, the amount of the expenditure.
(3) the taxpayer-owned social infrastructure objects within the meaning of this law are apartments and communal farm facilities, education, culture, sports, catering and medical care institutions, if they are not directly linked to the taxpayer's business.
6. article. Taxable income adjustments (1) corporate taxable income is increased by: 1) the company's annual report that the asset depreciation and depreciated the value of intangible investments and reduced in accordance with article 13 of the law requirements calculated asset depreciation and depreciated the value of intangible assets;
2) fines and penalties in the amount used;
3) shortfall and izlaupījum unfit for State and local government establishments, as well as the institutions financed from the budget;
4. Article 3 of the law) the fourth part of the 2-7 the estimated cost, if a company is after a certain extent;
5) 40 percent of expenditure used in the representation. The meaning of this article, representation expenses are expenses of the Organization to create and maintain the prestige of the company adopted in the standard level. These include the expenses of the Conference, the public reception and meal for the organisation, as well as the expenses of the company for the construction of the subject of the tender.
(2) the first paragraph of this article 5 provisions referred to in paragraph shall also apply to State and local firms and institutions financed from the budget, if the Cabinet of Ministers regulations or municipal councils (Soviets) decisions are not necessarily greater restrictions.

(3) in determining the taxable income, the company's profits may not be reduced on the establishment of a long-term investment expenses (except long term loan interest payments, which are not included in the cost of long-term investments) and returnable loan amounts for reserves and savings funds intended for (except 7 and 8 of this law as provided in article), for your business, the amount of dividends paid abroad corporate income tax (or the tax) as well as on the virslimit the use of natural resources and environmental pollution virslimit payment amount.
(4) in determining the taxable income, the company's profits reduced by the real estate tax (land tax and property tax), lotteries and gambling tax and fee amounts.
(5) in determining the taxable income not taken into account in the balance sheet items revaluation of assets, except for the revaluation of assets due to the change in foreign exchange rates. Assets and liabilities, which the denomination expressed in foreign currency, measurable in dollars after the Bank of Latvia exchange rate foreign tax year last calendar day, and, in determining the taxable income to be taken into account, the income or loss.
(6) in determining the taxable income, the company's profits may be reduced (subject to the conditions mentioned in the seventh paragraph) for the payment of insurance premiums according to the law "on insurance".
(7) in determining the taxable income, the company's profits may be reduced for employees ' life insurance and supplementary pension insurance premiums payments according to the law "on insurance", if this employee's insurance contract is concluded for a period of not less than five years.
(8) in determining the taxable income, the company's profits increased by an interest payment of amount in excess of the allowable annual interest payment the amount of which is determined by the State Committee on statistics of the average annual rate of short-term credit to credit institutions multiplied by the average annual amount of the company's own capital. The amount exceeding the permissible annual interest payments, it can be included in subsequent years, the reduction in taxable income, if a given year total interest payment amount does not exceed the permissible annual interest payment amount. These provisions shall not apply to interest payments on loans of commercial banks registered in the Republic of Latvia.
(9) If, during the year, more than 50 percent of the company's shares changed owners, the amount exceeding the permissible annual interest payment, it cannot be included in a subsequent year, the reduction in taxable income.
(10) in determining the taxable income of the company in the case of privatisation, editions allowed off all the remaining interest amount.
7. article. Credit unsecured debt for special reserve into income or expenses in determining taxable income in determining the taxable income of credit institutions, profit will be reduced by the amount of deduction in accordance with the procedure laid down by the Bank of Latvia during the year made special provisions for unsecured debts, while profits increased by an amount which has been removed from these stocks during the year and credited to the credit institution's income.
8. article. Insurance company-specific (technical) reserves for features in determining the taxable income of the insurance companies, in accordance with the law "on insurance" profit reduced by in (technical) special provisions made during the year, the amount of the deductions, while profits increased by an amount that is removed from these reserves during the year and credited to insurance company profits.
9. article. Debts lost in determining taxable income, profits can reduce the amount of lost, if all the conditions mentioned in this article: 1) income relating to these debts before it is included in the taxable income calculation;
2) these debts are written off in the books of the company;
3) customer is a taxable person as a resident or permanent representation;
4) the debtor is declared bankrupt or is it national or local company that wound up in accordance with the relevant decision of the institution.
10. article. In the case of natural disasters and other force in the damages (1) as a result of natural disasters or otherwise forcibly would suffer loss of fixed assets is considered as the replacement of fixed assets against cash amount equal to the refund for the current fixed asset.
(2) in determining the taxable income, income from compensation for natural disasters or otherwise forcibly lost assets, except in the third paragraph of this article, these cases are not taken into account, but the amount of the compensation should be excluded from the relevant categories of fixed assets residual value laid down in article 13.
(3) in determining the taxable income, income from compensation for natural disasters or otherwise forcibly losing their land, buildings, and structures shall not be taken into account within a period of 12 months from the date of receipt of the refund. If during this period, the amount of the refund received is completely or partially reinvested in the same or similar fixed assets, the amount or not reinvested part is included in the taxable income of the tax period.
(4) the application of the third paragraph of this article, the carrying amount of the asset is equal to the carrying amount of the assets lost, plus the amount by which the new asset value exceeds the compensation for lost asset.
11. article. Taxation of dividends in determining domestic corporate taxable income, it shall be reduced by the amount of dividends receivable from other persons, for the parent company's profit and loss statement reported earnings of subsidiaries, except dividend and annual report of the parent company's profit and loss statement shows the company's profits from the subsidiaries: 1) domestic companies do not pay corporate income tax, as well as those companies using the law "on foreign investments in the Republic of Latvia" benefits the Declaration of dividends in a year and previous years;
2) foreign companies, companies, individuals and other persons (non-residents).
12. article. Specific rules on related businesses (1) if the related companies form the group, the Group shall submit an annual report on all the tax payments by the companies at the parent company statement of tax payments.

(2) in determining the taxable income, profits increased by: 1) loss on sales of fixed assets related businesses or persons associated with the company and the parent company's profit and loss statement shows the loss of subsidiaries;
2) goods (products, services) the value of the margin (margin), which occurs when the goods (products, services) at prices lower than market prices, are sold to foreign companies and associated companies are exempt from corporate income tax, or who use the law "on foreign investments in the Republic of Latvia" benefits, or if the goods (products, services) at prices lower than market prices , are sold with related parties of the company;
3) goods (products, services) the value of the margin (margin), which occurs when the goods (products, services) at prices that are higher than market prices, are bought from foreign companies and associated companies are exempt from corporate income tax, or who use the law "on foreign investments in the Republic of Latvia" benefits, or if the goods (products, services) at prices that are higher than market prices are purchased from persons affiliated with the company;
4) the transaction value and the market value of the difference, if the second and third subparagraphs the companies or persons performing other mutual dealings.
(3) interest on loans from related companies, which are exempt from corporate income tax, or who use facilities in accordance with the law "on foreign investments in the Republic of Latvia", or persons associated with the company is taxed at the 10 percent rate. If the following related companies or the company related parties are made similar payments mentioned in article 3 of the fourth part-2 of point 7, tax is withheld, the application of the rates laid down in those paragraphs and, in accordance with article 3 and 24.
(4) a resident or permanent representation in that transaction with another company or person if they are tax-free or low tax countries or zones are considered as transactions with a related company or organization-related person. These countries or zones is determined by the Cabinet of Ministers. This rule does not apply to companies that demonstrate that they are not related.
13. article. Depreciation of fixed assets and intangible investments write-down in calculating the taxable income (1) in calculating taxable income, business asset depreciation to be used shall be determined in the following order: 1) fixed assets be divided in four categories and determine the annual depreciation rate percentage: category depreciation rate of fixed assets type 1 5 percent, construction of the building, permanent plantings 2 10 percent of railway rolling stock and technological equipment, sea and river fleet, fleet and the port of technological equipment 3 25 percent energy equipment, computing equipment, information systems, computer software and data storage equipment 4 20 percent all other fixed assets fixed asset accounting 2): a) for buildings, parts of buildings, for permanent plantings and other fixed assets which are not used for commercial activity or are used only partially-separate for each fixed asset, b) for all other fixed assets-total of all categories;
3) fixed assets tax period the amount of depreciation calculated for each of the categories of fixed assets net book value before depreciation deduction of the tax period, applying the relevant asset category specific depreciation rate of double the amount;
4 categories of fixed assets concerned) the net book value, from the taxation period depreciation is determined by increasing the asset category in the pirmstaksācij period the net book value of the acquired during the tax period or the established value of fixed assets kapitālaj costs and on the category of fixed assets, and cutting down on the value that is obtained for the taxation period in off the assets or as consideration for natural disasters or otherwise forcibly lost fixed assets;
5) if the calculations referred to in the preceding paragraph is taken negative balance, the amount added to the company's taxable income, but the balance of category equate to zero;
6) if the relevant categories of fixed assets net book value after deduction of depreciation at the end of the tax period does not exceed 50 lats or the appropriate category is no longer one asset class net book value write off the tax year of the business editions;
7) fixed assets tax period the total amount of the depreciation, which scrapped the business editions, including the value referred to in the preceding paragraph shall be determined by adding to the calculated depreciation for fixed asset categories;
8) article 13 of this law, the first paragraph shall not apply to land, works of art, antiques, jewelry and other assets that are not subject to physical or moral depreciation.
(2) Capital cost of fixed assets, restore and improve the reconstruction spending, which significantly increases their potential for production or extending life.
(3) If a company makes revaluation of fixed assets, its results, except in connection with the privatisation of the company and in accordance with the provisions of the Cabinet of Ministers on the results of the revaluation of fixed assets residual value shall not be taken into account.
(4) the establishment of intangible investment costs for concessions, patents, licenses and trademarks written down systematically, on a straight line (smooth) methods. Other intangible assets depreciation for tax calculation purposes not be disregarded.
(5) the value of intangible investments written off:-10 years of concessions, patents, licenses and trademarks-five years. Research and development costs (including those related to unrealised project technical documentation, if this project is not included in the value of fixed assets) that applies to the taxpayer's business operations, excluding the costs of the mining location, quantity and quality, are written off in the year in which those costs are incurred.
(6) the cost of the mineral location, quantity and quality of the scrapped 10 years systematically by cost.

(7) if the assets are leased to purchase, depreciation and reconstruction, enhancement, and restoration costs are written off as assets would be the property of the lessee.
(8) If an asset is leased without purchase and lease expiry must be returned to the owner, and if the rental agreement is for the improvement of asset reconstruction or renewal of the cost amount to the tenant must be scrapped in equal shares the remaining lease period. If under the contract the lessee shall compensate the lessor for the reconstruction, improvement or restoration costs, the amount of cost to be included in taxable income of the lessee.
(9) if the lessee leased fixed assets carried out reconstruction, improvement or reconstruction efforts, not provided for in the lease, or if the lease agreement has not been concluded, the lessee's taxable income is increased by the reconstruction, improvement or restoration work cost amount.
14. article. Previous years ' losses (1) where under this Act made to the company's annual profit or loss is the result of adjusting losses, it may cover the chronological order of the next five years taxable income.
(2) If, during the tax period the company becomes a subsidiary of another company, this company tax period and the period of the pirmstaksācij losses in subsequent taxation periods is not required.
Chapter III tax credit 15. Discount application each tax rebate applies to tax, calculated in accordance with this law, the provisions of chapters I and II.
16. article. Tax rebate for foreign tax paid (1) in accordance with the provisions of this law, estimated tax may be reduced by an amount equal to tax paid abroad, if this duty abroad is certified with the foreign tax authorities approved the collection of documents that displays the taxable income and the amount of the tax paid abroad.
(2) in the first paragraph, this reduction may not exceed the amount that would be equal to the calculated tax in Latvia for foreign earned income.
(3) If a resident or permanent representation in taxation revenue-generating more abroad, first and second subparagraph are applied separately in each foreign country the income gained.
Article 17. Tax rebate for small businesses (1) small business within the meaning of this law is a company in which the pirmstaksācij of the year is not exceeded in at least two of the following conditions: 1) fixed assets balance value-70 000 lats;
2) net turnover-200 000 lats;
3) average number of employees-25 people.
(2) tax rebate for small business is 20 percent of the estimated corporate income tax.
(3) tax credit related small businesses, except those which are linked under the definition of related companies (4) and (5) the conditions apply only in cases where the total of these companies shall not exceed two of the first part of this article, determine the conditions.
(4) If the company closes a small business tax credit in the year of liquidation shall not apply.
(5) in determining the value of the fixed asset balances the needs of the present article, be taken into account in the third part of article 13.
18. article. Tax rebate enterprises involved in agricultural activities agricultural activities (1) tax rebate enterprises involved in agricultural activities, have a particular tax year 10 Lats per hectare of agricultural land.
(2) to get this article provides a tax credit, the company simultaneously with the tax return must be submitted to the national revenue authorities approved land use plan.
(3) the duties laid down in this article is not suitable for the discount companies using this law as provided for in article 17 of the tax credit or the State revenue service submitted false statements about land use.
(4) for the purposes of this article are agricultural crop production, livestock production, inland waters fisheries and gardening.
19. article. Tax rebate companies that use labour convicted (1) undertakings (companies) that use the labour of convicted, are exempt from taxation.
(2) in order to receive this tax credit, the company (company): 1) must be established and registered in the enterprise register of the Republic of Latvia with the aim to use the labour of convicted;
2) before founding must receive the permission of the Ministry of the Interior, as well as with the Ministry of the Interior, members of each of the founder, owner, and members of the executive body. This reconciliation must also forfeit a business (companies) or by directly elected members of the executive body.
20. article. Tax rebate donators (1) residents and the permanent representation of the tax cut by 85 percent of the amounts donated in the Republic of Latvia registered mass cultural, educational, scientific, religious, sports, charities, health and environmental organizations and funds as well as public institutions. Tax credit for certain public organizations and granted in cases where the public body fails to act in accordance with the objectives set, a reference Cabinet.
(2) residents and the permanent representation of the duty will be reduced by 90 percent from the amounts donated in the Latvian cultural fund, the Latvian Olympic Committee and Latvian children's Fund.
(3) the total tax discount in accordance with the provisions of this article shall not exceed 20 percent of the total amount of the tax.
(4) in the first and second parts, these organisations, foundations and public institutions not later than March 1 of the year of the pēctaksācij must provide a public report on the amount of donations received, the use of the tax year.
(5) the tax credit does not apply to persons whose taxation year is February 1, tax payable for previous years.
(6) If a company has violated the provisions of this article or concealed the taxable income, the tax amount will be increased by the amount of this tax credit double the amount.
21. article. Special tax rebates for companies, associations of disabled medical, as well as other charitable funds after the company submitted to the Cabinet of Ministers and the Saeima approved list are exempt from payment of tax when they transfer these funds (program, organization) amounts that are greater than the calculated tax amount.
Chapter IV tax estimation and payment arrangements

22. article. Tax declarations and tax evasion (1) a taxable person shall draw up its own taxation year tax declaration form in accordance with this law approved by the Cabinet of Ministers. The taxable person shall be submitted to the State revenue service. Tax year the tax payer shall submit a declaration at the company's annual report On "the laws of annual accounts", "on the banks" and "insurance" within the time limits laid down.
(2) in accordance with the tax return calculate the tax that has been reduced in accordance with the law referred to in chapter III of the tax credit and the taxation year during the advance payments, the taxable person shall be transferred to the State budget independently within 15 days of the annual report and tax return filing date.
(3) After the results of the year in a specific tax allowance or refund the amount of the adjustment, taking into account national statistical Committee in certain retail price index changes from the end of the tax period until the date of payment of tax.
(4) the tax period tax overpayments the State revenue service departments including the company's future tax payments of the debts or tax refunded to the company after its request within 10 days.
(5) agricultural enterprises and companies of the unprocessed agricultural products tax paid in actual income for the previous quarter to 25 next month.
23. article. The tax advance payments (1) undertakings during the tax year up to the 15th day of each month (including) the following tax advance payments in the State budget: 1) from the tax year January to April (inclusive)-an amount equal to one twelfth of the calculated tax, which, without this law, in article 17 and 20 specific tax rebate is calculated on application of the year before the year of pirmstaksācij and has been adjusted taking into account the retail price index pirmstaksācij year;
2) for taxation year other months-calculated based on the annual tax pirmstaksācij No 17 and 20 of this Act specified in article tax rebate application, and taking into account national statistical Committee in certain retail price index changes pirmstaksācij year. Monthly payments equal to one-eighth part of the amount that is calculated from the amount of tax calculated in accordance with the first sentence of this paragraph, minus the tax amount calculated for the period from January to April (inclusive).
(2) companies that acted less than pirmstaksācij of the year, in accordance with the first subparagraph of paragraph 2, the first sentence of the calculated tax amount must be adjusted by the number of months worked and multiplying by 12. companies active in less than a year before the year of pirmstaksācij, the following correction for the amount of tax calculated in accordance with the first subparagraph of paragraph 1.
(3) a taxable person who pirmstaksācij in a year or in the year before the year of pirmstaksācij suitable for tax rebate according to the law "on foreign investments in the Republic of Latvia", the first part of this article is provided for advance payments shall be determined taking account of the abovementioned law taxation year relief to conditions.
(4) a taxable person which may be applied under article 17 of this law that tax rebates, make monthly advance payments in the amount of not less than one-twelfth of the tax year in the tax amount calculated for the 75 percent (this amount does not include, in accordance with article 3 of this law, the fourth subparagraph and article 12 the third part of the withholding taxes).
(5) a taxable person whose monthly advance payments in accordance with the first subparagraph of pirmstaksācij years exceeds 500 lats, advance payments can be made once a quarter-to the current quarter following the 15th of the month.
(6) companies engaged in agricultural activities and 90 per cent of annual income from own-produced agricultural products and agricultural services marketing, advance payment of tax shall be made voluntarily.
(7) on the 22 and 23 of this Act mentioned in article timely transfer of payments to the State budget to enterprises in the calculation of the penalty in accordance with the law on taxes and duties ".
(8) companies established in the tax year, you can voluntarily make tax advance payments.
(9) companies with a pronounced seasonality of work the State revenue service determines if the application is based, the other paying tax advance payment procedure under this Corporation by advance payment period.
24. article. Tax withholding (1) a taxable person who paid this law article 3, fourth paragraph, and in article 12 referred to in the third subparagraph, the amount to be deducted in the tax cost of the moment and it must be paid into the State budget no later than the 15th day of the following month. Withholding tax is calculated by multiplying the tax rate by the amount to be paid (this was reduced for any expenditure or tax withheld).
(2) the amount of the paying agent must make cost and withholding tax accounting records and submit reports to the State revenue service and money to the beneficiary at the request of the State revenue service.
25. article. Tax payment initiation and termination (1) If a taxable person-regardless of whether he is a resident or not,-the tax year during the first start to pay tax in accordance with the requirements of this law, they shall apply only from the time when the person in question must start to pay tax until the end of the year.
(2) If a taxable person-regardless of whether he is a resident or not,-during the taxation year end to pay tax in accordance with the requirements of this law, they shall only apply for the period from the beginning of the year until the person concerned ceases to pay this tax, saving the taxpayer's liability in respect of all the provisions of this law for the period.
26. article. Liability for violations of this law, as well as on the law "on accounting", "Of the annual accounts", "on the banks" and "insurance" certain accounting irregularities, if it results in reduced taxable income, is applied to the law "on taxes and duties".
Transitional provisions 1. Law applicable corporate income tax calculation, starting with January 1, 1995.

2. Tax from payments to non-residents and related businesses, to be forfeit in accordance with article 3 of this law, the fourth and the third paragraph of article 12, is withheld from the payments made from 1 April 1995. In determining the taxable income of the taxation year in respect of payments to non-residents and associated companies in the period from 1 January 1995 to 31 March, not be taken into account in article 6, first paragraph, point 4.
3. Dividends paid in non-residents and related businesses from income during the period up to 1994 December 31, this tax is not taxed.
4. To 1994 December 31, purchased or create the fixed asset depreciation calculations for determining taxable income at their residual value balance on January 1, 1995, in the light of article 13 of this law the requirements of the third paragraph.
5. Intangible assets, which are created to 1994 December 31, must be scrapped within five years from the date of their creation, except for investments in accordance with article 13 of this law, the provisions of part IV is not disregarded. On this investment write-down of 1995 should be increased and the taxable income for the years – every year an amount corresponding to the year of disposal of investment value.
6. Taxable income 1995-1996 may reduce damages that companies incurred up to 31 December 1994 and calculated in accordance with the law "on income tax", article 22 if these losses are recorded in the profit tax calculation (report) for 1994. Losses for 1993 can be covered not later than in 1995.
7. Tax arrears or if such a debt, the corporate income tax is reduced by the amount of losses incurred in the procurement and implementation of the Latvian rubles in 1992, is the documentary evidence and have not been compensated from 1994 or prior year State budget. These losses calculated in the Cabinet. The provisions of this paragraph do not apply to the amount, which is calculated as the principal sum increase and delay, which can be reduced only to the law "on taxes and duties".
8. paying agencies for 1995 and January 1996-April made advance payments of net 0.75 percent turnover (credit institutions and insurance companies-operating revenue) and other revenue in the previous calendar month if these transition rules otherwise.
Company (company), which are lotteries and gambling nomaksājuš tax and duty, from January 1995 to July (inclusive) of the advance payments shall not be made.
9. The companies that submitted a report about the profit tax payment in 1994 and the first nine months of this report have shown a loss, advance payments for January 1995-may not be carried out.
If the company's 1994 report represents a loss, advance payments for 1995 should not be made, except for the transitional provisions referred to in paragraph 10 of the cases.
10. national and local companies and companies in which the State (municipal) share capital holding in excess of 50 percent, and other persons whose balance sheet total assets 1994 December 31 was 1 million dollars and more, or net sales in 1994 were 2.5 million lats and more, submit statements and tax returns for 1995 's first half, no later than July 31, 1995 and august 1995-December made advance payments for the remaining months as well as the 1996 January-April: 1) if the company in the first half of 1995 is in taxable income, advance payments for each remaining month and January 1996-April is equal to one fifth of the double in the first half of 1995 declared tax amounts subtracted from payments actually made in 1995, seven months, including profit tax advance payments for 1995;
2) if the company's 1995 first half did not have taxable income, 1995 in august, September, October, November, December and January 1996 advances should not be made. Annual report for 1995 and the corporate income tax return for such taxable persons must be drawn up and submitted to the State revenue service until February of 1996 and for 1996 in February-April to make advance payments of part of one twelfth of the amount of the tax amount for 1995. These taxable persons retain the right article 22 of this law, the time limits to submit an updated annual report and tax returns, but if the February 1996-April according to the specified tax return has been reduced, advance payments, the taxpayer must pay the law "About taxes and duties" in a certain delay for reduced amounts;
3) follows the tax advance payments can be done by others not mentioned, if the taxable person shall submit half-yearly reports and tax returns.
11. Profit tax advance payments made in 1995, is to be taken into account in the calculation of corporate income tax for 1995, but the transitional provisions referred to in paragraph 12 of the taxpayer-individual income tax for 1995.
12. Tax payers, which according to article 2 of this law, the provisions of part IV of this law, the date of its entry into force becomes personal income taxpayers: a) until May 1, 1995 must register with local authorities after their location (legal address) as personal income tax payers;
(b)) starting with the second quarter of 1995, is to be made to personal income tax advance payments in accordance with the law "on personal income tax";
(c) the tax) advance payments for 1995 is to be taken into account in the calculation of the total individual income tax for 1995.
13. The provisions of this law shall be governed by the Cabinet of Ministers regulations, may not be applied before the Cabinet of Ministers regulations came into force.
14. This law, article 6 of the eighth, ninth and tenth are not attributable to loans made before the date of entry into force of the Act, unless they are extended after the entry into force of the law.
15. With the entry into force of this law shall lapse:

1) the law on profit tax "(the Republic of Latvia Supreme Council and Government Informant, 1991,3./4., 37./38.nr.; 1992, 18/19, 27/28, 29.-31. No.; 1993, nr. 16-17; The Saeima of the Republic of Latvia and the Cabinet of Ministers rapporteur, 1994, 2, 12 no) but remain the responsibility of the taxpayer after all this law for the period up to the law "on enterprise income tax" entry into force;
2) Republic of Latvia Supreme Council of 20 December 1990 decision "on the law of the Republic of Latvia" on income tax "date of order" (the Republic of Latvia Supreme Council and Government Informant, 1991, 3,/4.nr.);
3) Republic of Latvia Supreme Council of 23 January 1991 decision "About some of the production association" LITT "company exemption from profit tax evasion" (the Republic of Latvia Supreme Council and Government,1991, Rapporteur 9./10.nr.);
4) of the Republic of Latvia Supreme Council of 4 September 1991 decision "on the law of the Republic of Latvia" on amendments and additions to the law of the Republic of Latvia "On income tax", "date of order" (the Republic of Latvia Supreme Council and Government Informant, 1991, 37./38.nr.);
5) of the Republic of Latvia Supreme Council of 12 November 1991 decision "On tax relief companies" (the Republic of Latvia Supreme Council and Government Informant, 1991, 47./48.nr.);
6) Republic of Latvia Supreme Council of 15 April 1992 the decision "on the law of the Republic of Latvia" on additions to the Republic of Latvia of 20 December 1990, the law "on income tax" "date of order" (the Republic of Latvia Supreme Council and Government Informant, 1992,18.-19. No.);
7) Republic of Latvia Supreme Council June 16, 1992, decision "on the law of the Republic of Latvia" on amendments and additions to the Republic of Latvia of 20 December 1990, the law "on income tax" "date of order" (the Republic of Latvia Supreme Council and Government Informant, 1992, 27.-28. No.); (The Republic of Latvia Supreme Council and Government Informant, 1992, 27.-28. No.);
8) of the Republic of Latvia Supreme Council of 11 June 1992 the decision "Of the Republic of Latvia Law" on amendments to the Republic of Latvia of 20 December 1990, the law "on income tax" "date of order" (the Republic of Latvia Supreme Council and Government Informant, 1992,/31.nr.);
9) of the Republic of Latvia Supreme Council of 2 December 1992, "On additions to the decision of the Republic of Latvia Supreme Council of 15 April 1992 the decision" on the law of the Republic of Latvia "on additions to the Republic of Latvia of 20 December 1990, the law" on income tax "," okay "entry into force" (the Republic of Latvia Supreme Council and Government Informant, 1992, 51/52 no);
10) of the Republic of Latvia Supreme Council Bureau on 31 October 1991 the decision "Of the Republic of Latvia on 4 September 1991 the law" on amendments and additions to the Republic of Latvia of 20 December 1990 Law On profit tax "" "and article 8 of the Republic of Latvia Supreme Council of 4 September 1991 decision" on the law of the Republic of Latvia "on income tax" date of order "for the application of paragraph 2".
The law shall enter into force on the 1 April 1995.
The Saeima adopted the law on 9 February 1995.
The President g. UlmanisRīg in 1995 on March 1