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Amendments To The Law "on Enterprise Income Tax"

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

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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, 102, 131, no. 170, 206; 204. in 2011, no; 2013, no 53, 119; 2013, no. 194) the following amendments: 1. Replace the words "the whole statutory corporate income tax declaration" (the fold) with the word "Declaration" (the fold). 2. Replace the entire law, the words "tax declaration" of the tax year (the fold) with the word "Declaration" (the fold). 3. Replace the words "throughout the Act tax statement" (fold) with the word "Declaration" (the fold). 4. Article 1: replace the first paragraph, the words "and the insurance company and under the supervision of the law" with the words "insurance company and under the supervision of the law and the law on scientific activities"; to complement the twelfth part of paragraph 1, after the words "existing ship" with the words "and the number with the exception that the net tonnage registered tonnage of less than 100 units"; to make the twenty-sixth part as follows: "(26) representative of the passenger car, passenger car, of which the number of seating positions, excluding the driver's seat, shall not exceed eight places whose value excluding value added tax exceeding 50 000 euros and who do not use the vehicle or special passenger car (emergency medical assistance, residential car or hearse), or passenger car, specially equipped for the carriage of wheelchairs for persons with disabilities ride, or a new passenger car used car dealer as an authorised demonstration car. "; to supplement the article with the twenty-ninth, thirtieth and thirty-first subparagraph as follows: "(29) research and development — creative work is carried out on a systematic basis to increase the amount of knowledge and use this knowledge to create new development and which meet at least one of the following types of work: 1) industrial research: planned research or critical investigation aimed at the acquisition of new knowledge and techniques to use new products , development or essential for the existing product or technology; 2) experimental design — scientific knowledge, technological, commercial or other relevant knowledge or skill, modeling or combining use of new or significantly improved products or technologies, or activity the purpose of which is to conceptually define, plan and document new products or technologies. (30) the scientific staff — scientists who got scientific qualifications (doctorate degree), and professionals with academic degrees or higher education diploma, which carry out research activities, to gain new knowledge, products, processes, methods and systems, as well as project managers involved in the scientific research activities and technical aspects in the planning and management. (31) the science technical staff — persons who have the necessary technical knowledge and experience in one or more areas and in the management of research staff participate in exploratory activity, performing technical tasks. Scientific technical staff includes engineers, technicians, technologists, operators operators. " 5. in article 2: replace the third paragraph, the words "to comply with the laws and the criteria for receiving aid for rural development" with the words "and forestry services cooperative society who meet certain eligibility criteria"; Add to article 3.1 and 3.2 part as follows: "(31), the third part of this article in respect of agricultural service cooperatives and services forestry cooperatives that meet certain eligibility criteria, applicable tax period, after which the result of evaluation of the pēctaksācij period, the public concerned is assigned a status of compliance. That company tax period expenses that are not related to economic activity and are not considered as personalizable, members split into profit attributable to each Member in distributed cooperative society the surplus under his cooperative society used the service. (32) this article 3.1 publications, referred to in part attributable to a member of the company split the portion of the surplus does not include: 1) payments that are donating this law, the institutions referred to in article 20.1, if compliance with this law, the seventh subparagraph of article 20.1 of these conditions; 2) cooperative society representation expenditure, if it does not exceed 700 euros and cooperatives tax period net turnover not exceeding 700 000 euro; 3) cooperative society representation expenditure, if not exceeding 0.1 per cent of the net turnover of the tax period and the cooperative society's turnover tax period exceeds 700 000 euro; 4) fine, contractual penalties and fines the amount used, and late penalties and other amounts calculated in accordance with the law on taxes and duties "and specific tax laws." 6. Article 3: to replace the fourth point 1.2 of part the words "corresponding to the legislation the criteria for receiving aid for rural development" with the words "and forestry services cooperative society who meet certain eligibility criteria"; Supplement 4 subparagraph following the words ' alienation ' of participation with words and numbers "(with the exception of this law, the disposal of participation 6.2 or 6.3 of referred to in article reorganization process)"; Supplement 4.7 part after the word "lease" with the words "as well as payments for the right to use industrial, commercial or scientific equipment, or for their use"; Add to article 4.8 part as follows: "(48) a taxable person who is resident in a Member State of the European Union or resident of a country with which Latvia has concluded and the entry into force of the Convention for the avoidance of double taxation and the prevention of fiscal evasion, and which received the fourth paragraph of this article referred to in paragraph 7, is entitled to the income of the State revenue service to submit a report on the tax calculation according to Cabinet arrangements and documents proving with earned revenue expenditure, calculated with the corporate income tax for the taxable income the application of a 15 percent tax rate. " to complement the eighth dividend "after the words" with the words "(other than the payments referred to in paragraph 8.2)"; turn off the eighth part 2; replace the eighth part of paragraph 3, the words "If the goods are tax free and low taxation countries or areas of origin of goods" with the words "and purchased within the European Union or European economic area publicly traded securities, where those goods and securities are purchased at market prices '; Add to article 8.1 and 8.2 part with the following: "(a) the obligation to deduct and set off the State budget tax from dividends, by non-residents (stock holder or intermediary), located at, is created or established Cabinet of Ministers regulations in those low taxes and free countries or territories paid shares of the company whose shares are publicly traded, is a securities account holder, which performs billing with non-residents. (82) Notwithstanding any provisions of this law, corporate income tax at the following rates deducted from such payments to legal, physical and other persons who are, or have been created by the Cabinet of Ministers regulations established in those low taxes and free countries or territories, including payments to the representatives of those persons or third party bank accounts and payments made in settlement of mutual clearing the way: 1) from the interest payments-5 percent If it is paid in the Republic of Latvia registered credit institutions, or 15 percent of all other interest payments; 2) from payments for intellectual property — 15 percent of payments. extraordinary dividends 3) from — 30 percent of payments. " 7. Supplement article 4, fourth subparagraph with the sentence as follows: "this Convention does not apply to cases where the adjustment is made in respect of the assets that is transferred or taken over the reorganization or the company's transition." 8. Article 5: to complement the first paragraph after the word "loan" with the words "(except for the relative income loans, for which the estimated personal income tax), extraordinary dividends"; to make the seventh subparagraph by the following: "(7) to the expenses that are directly related to economic activity, added to the driving of the vehicle tax and company car vehicle tax Act article 14, first paragraph, point 5 and 6 with the merchant and peasant farm expenses related to passenger car (excluding the representative passenger car) operation when the passenger car is exempt from taxation of companies light vehicle tax in accordance with the vehicle operating tax and company car vehicle tax Act article 14, first paragraph, point 5 and 6. The following passenger car fuel acquisition expenses that a trader or farm include operating costs based on the actual number of kilometres travelled in each month in accordance with the taxpayer's specific fuel consumption of 100 kilometers to not exceeding the specified izgatavotājrūpnīc the city cycle fuel consumption of more than 20 percent. " to supplement the article with the 7.1 part as follows: "(71) at the expenses that are directly related to economic activity, added to the regulations laid down for granting the necessary annual eligibility criteria appropriate for agricultural service cooperatives and fishermen holding expenses related to passenger car (excluding the representative passenger car) operation. The following passenger car fuel acquisition expenses that include cooperative farm operating costs based on the actual number of kilometres travelled in each month in accordance with the rules of the specific fuel consumption for 100 kilometers, exceeding the izgatavotājrūpnīc city cycle fuel consumption of more than 20 percent. " 9. in article 6: replace the first subparagraph of paragraph 1, the number and the word "10" in paragraph with numbers and the words "in paragraph 10 and 23, and the fourth paragraph of this article, paragraph 21; replace the first subparagraph of paragraph 12, the words "tax debt" with the words "and the tax amount is greater than 150 euro, except tax payments, terms of payment of which has been extended in accordance with the law on taxes and duties"; to supplement the first part with 21, 22, 23 and 24 by the following: "21) agricultural service cooperative society and forestry services cooperative society who meet certain eligibility criteria, divided into part of the surplus is liable to corporate income tax; 22) expenditure associated with the fourth paragraph of this article 18, 19 and 20 of that income generation; 23) profit and loss statement showing the amount of expenditure, which shall be determined by the corporate income tax the taxable income, this law has been applied to the coefficient laid down in article 4.1; 24) research and development expenditure in the part for which you want to increase the corporate income tax with taxable income in accordance with this law, the fourth subparagraph of article 6.6. "; turn off the fourth part 2; adding to the fourth paragraph of point 15, after the word "transfer" with the words "(including interest earned from bonds)"; Add to fourth with 17, 18, 19, 20 and 21 by the following: "17) on the taxpayer's annual report income statement presented to the agricultural service cooperative society and forestry services cooperative society who meet certain eligibility criteria, the portion of the surplus; 18) for University and College revenue derived as payment for the provision of vocational training, secondary education, vocational education and higher education programs, including the objectives assigned to the national budget funds (including government transfers) if provided with these revenue costs shared accounting; 19) on the income you earn on the University and exhibited to the public (such as exhibitions, concerts), which were in the process of pursuing organized artistic creativity, if you get with these revenue costs shared accounting; 20 on the University, College) and scientific institutions revenue from independent research in order to increase knowledge and understanding, if you get the following studies and research in the interest of economic operators of shared records and comply with the following criteria: (a) the study results are propagated) teaching, publication or technology transfer, b) profit from research are repeatedly invested in independent research, its dissemination or student learning, (c)), a private high school and College in case the holders of shares are deprived of the possibility to take advantage of the capacity for research or generated research results; 21) on research and development expenditure an amount established in accordance with this law, the first paragraph of article 6.6. "; turn off the eleventh, twelfth and seventeenth. 10. Express 6.4 the first paragraph by the following: "(1) the taxable income is increased by the interest payments (including discount) that exceeds the interest payment the amount of which is calculated by applying for debt obligations 1.57 times increase in the tax period of domestic non-financial companies issued loans the weighted average annual interest rate. Domestic non-financial companies issued loans the weighted average annual interest rate, which is calculated using the balance sheet of the monetary financial institutions for statistical indicators, in its internet site within one month of the end of the tax period shall be published in the Bank of Latvia. Operating expenses include the interest payment amount may not exceed the actual calculated amount of interest. " 11. To supplement the law with article 6.6 as follows: "article 6.6. Expenditure on research and development (1) a taxable person shall be entitled to reduce the corporate income tax on taxable income, the amount of expenditure, the application of the factor-3, on the following charges: 1) for scientific staff, or scientific definition of technical staff for staff costs which are directly attributable to the development of research and development work; 2 the amount of remuneration) of the research services provided to scientific institutions, registered by the Ministry of education and science research institution in the register, and equivalent scientific institutions, which is a Member State of the European Union or the European economic area country resident, with which Latvia has concluded a Convention for the avoidance of double taxation and the prevention of fiscal evasion, if this Convention has entered into force and where the research is directly related to the taxable person carried out research and development work; 3 the amount of the reimbursement) for accredited certification bodies, testing and calibration of testing, certification and calibration services that are required for a new product or technology development, and provides a national accreditation body or equivalent institution which is a Member State of the European Union or the European economic area country resident, with which Latvia has concluded a Convention for the avoidance of double taxation and the prevention of fiscal evasion, if this Convention has entered into force. (2) the first part of this article is applicable to them research and development work, which is the taxpayer's own developed project documentation. Research and development activities, evaluation of compliance, enforcement and accounting procedures and requirements of the project documentation for the Cabinet of Ministers. (3) If a taxable person in the first paragraph of this article, certain development costs capitalised, then with the corporate income tax the taxable income is reduced according to the period defined for the financial accounting. (4) in the first subparagraph of this article, the specific tax relief tax payer is not entitled to enforce, if research and development work is the intellectual property of three seized tax period of the taxation period in which the expenditure is included in the latest editions to the creation of intellectual property. (5) If this article mentioned in the fourth paragraph intellectual property establishment costs are applied to the first paragraph in the tax relief, the taxable person the law "About taxes and charges" in accordance with the procedure laid down by your corporate income tax returns (hereinafter referred to as the Declaration) clarification by excluding the application of the tax exemption made in taxable income adjustments. While the remaining sum of the value of expenditure for which the expenditure was increased in accordance with the first subparagraph and in respect of which the taxable person has the right to specify the relevant taxation period shall be included in taxable income declaration for the tax period in which the intellectual property is expropriated. " 12. Article 9: Supplement to article 1.4 part as follows: "(14) if the debtor is not resident, corresponding to the first subparagraph of paragraph 3 referred to in condition, then the debtor's debt is appropriate for this article 1.2."; to supplement the article with a fifth by the following: "(5) the first paragraph of this article, paragraph 1 shall not apply in relation to: 1) recover lost shows the amount of value added tax, which has reduced the State budget in the amount of value added tax in accordance with the laws and regulations governing the application of value added tax; 2 the loan amount not recovered), which was calculated to interest payments. " 13. in article 12: turn around the article name and the number "this law, in article 14.1,"; to supplement the article with seventh, eighth, ninth and tenth by the following: "(7) Group of companies consists of the main company and the all main company subsidiaries. (8) the main company-company group — is the legal or natural person that is the Republic of Latvia or a resident, with which the Republic of Latvia has concluded a Convention or Treaty on the avoidance of double taxation and the prevention of fraud or other European economic area residents who, on the basis of the existing Convention on the avoidance of double taxation, is also recognized for another country (not members of the European economic area) residents. (9) the main company subsidiaries — company member of the group — is a domestic company or companies — resident of a country with which the Republic of Latvia has concluded a Convention or Treaty on the avoidance of double taxation and the prevention of fraud or other European economic area residents who, on the basis of the existing Convention on the avoidance of double taxation, is also recognized for another country (not members of the European economic area) resident of which at least 90 percent owned: 1) to the main company; 2) one main company subsidiaries or more of such subsidiaries; 3) and one for the main company to its subsidiaries or more of the following subsidiaries together any combinations. (10) the application of this article ninth part, it is believed that 90 percent of the company owned by one of the group members or more of the following members, if you are running this part of paragraph 1 or 2:1) in cases where all the company's shares or shares give their owners the same rights and benefits, if one member of the group or more such members hold at least 90 percent of the company's shares or capital; 2) in cases where all the company's shares or the shares do not give their owners the same rights and benefits, subject to the simultaneous fulfilment of the following two provisions: (a) Group of companies) for one or more of the members the following members hold at least 90 percent of all the shares of this company or the market value of the shares, (b)) for one member of the Group of the following participants have at least 90 percent of all the company's shareholders (part owners) votes that can be counted on each ballot. " 14. Article 13: turn off the first part of paragraph 2 subparagraph "b"; replace the first paragraph, the words "in paragraph 3.1 of the disabled people in wheelchairs packed" with the words "to persons in wheelchairs with disabilities"; to supplement the first part with 7.1 points as follows: ' 71) taxable persons in accordance with this law, article 6.2 of the reorganisation process, passed the fixed asset tax period the total amount of the depreciation, calculated in accordance with this article, shall be multiplied by the ratio, which is calculated by the number of months during the tax period divided by twelve; " make the first part of paragraph 8.2 the following: "If the passenger car 82) net book value of the fixed asset, the restoration or reconstruction work have increased, and more than 50,000 euro (excluding value added tax), then that asset during the tax period in which the book value is more than 50 000 euro (excluding value added tax), and subsequent taxation periods in article 13 of this law, the first subparagraph shall not apply, but apply the rules of law about passenger car representative;" turn off the first part of paragraph 9 and 10; Supplement 1.2 part with paragraph 9 by the following: "9) fixed assets acquired or created during the tax period, starting in 2014, and subsequent taxation periods until the tax period, beginning by the year 2020,-1.5."; turn off 1.5 and 4.1. 15. in article 14: Express 1.4 part of the third sentence by the following: "Cover the loss amount and the loss of successor presents a declaration."; turn off the sixth, seventh and ninth; turn off the fifteenth paragraph, the words "the sixth and. 16. off 14.1 article. 17. Add to article 16 of the fourth and fifth by the following: "(4) If the first paragraph of this article with the income gained in one or more financial intermediaries, then duty abroad can testify with documents confirming that the taxation of publicly traded income is paid in a foreign country, and that the relevant financial intermediary issued by the tax authority in a Member State of the European Union or a country with which Latvia has concluded a Convention for the avoidance of double taxation and prevention of tax fraud or contract for the exchange of information on taxes, provided that the said documents are identified in the relevant securities that the real beneficiary is taxable. In this case, the taxable person of Latvia together with the foreign tax authorities of financial intermediaries shall submit the documents issued to the State revenue service a written application to the certifying tax foreign country and confirms that is ready to cover the statutory fines and delay, if the path for the exchange of information will be established that tax has been paid in the foreign country. (5) the first part of this article in respect of income earned in one or more financial intermediaries, have the right to apply, based on a document issued by a foreign financial intermediary, which is a Member State of the European Union or a country with which Latvia has concluded a Convention for the avoidance of double taxation and prevention of tax fraud or contract for the exchange of information for tax purposes, if this Convention or treaty was entered into force on and which confirms tax abroad from publicly traded securities income, provided that they have identified the securities that the real beneficiary is taxable. In this case, the Latvian tax payer with the financial intermediary shall submit the documents issued by the State revenue service a written application to the certifying tax foreign country and confirms that is ready to cover the statutory fines and delay, if the path for the exchange of information will be established that tax has been paid in a foreign country. " 18. Make the fourth paragraph of article 17.2 (1) of the following: "1) taxable person eligible investment projects carried out in the framework of the original long-term investments with a total amount of more than eur 10 million;". 19. the express article 18, second subparagraph by the following: "(2) the taxable person laid down in this article, the tax credit is eligible to apply, if the agricultural land area is declared and confirmed the single area payments in accordance with the laws of the State of the European Union and the granting of aid to agriculture direct aid scheme or if the taxable person simultaneously with the Declaration is submitted to the State revenue service authorities the issue of the certificate of land that actually is used in the production of agricultural products. " 20. Replace the fourth subparagraph of article 20.1 of the words "is the tax arrears for previous years" with the words "and the tax amount is greater than 150 euro, except tax payments, terms of payment of which has been extended in accordance with the law on taxes and duties". 21. in article 22: adding to article 2.1 and 2.2 of the part as follows: "(21) If, in accordance with the Declaration of the calculated tax amount before the pirmstaksācij period of loss relief does not or it is less than 50 euro, the taxable person declaration indicates the amount of tax in the budget of € 50, which paid for the budget in the second part of this article within the time limit. Budget in accordance with this part, in addition to the amount of the tax payable is not considered tax overpayments. (22) paragraph 2.1 of this article shall not apply if the implementation of one of the following conditions: 1) taxation period the company registered in the business register; 2) during the tax period is complete the company's winding-up proceedings; 3) taxable tax period are made by individual income tax or State social security payments on an employee. "; adding to eighth following the words "agricultural service cooperative society" with the words "and forestry services cooperative society who meet certain eligibility criteria"; Add to article 8.1 part as follows: "(81) regulations set out the criteria for agricultural service cooperatives and forestry services cooperative society members, on the basis of that society, the Declaration of members of the public with the taxable surplus, distributed to myself referring to corporate income tax on the taxable income of his declaration, duly adjusted taxable income."; Add to tenth in the second sentence by the following: "If the partnership does not match the tax period with its companion tax period, then a member of the partnership to itself apply to partnerships with the corporate income tax the taxable income or loss shall be included in the Declaration of the tax period in which the tax period of the partnership ends."; to supplement the article with the twelfth and thirteenth part as follows: "(12): a non-resident taxpayer to report about tax calculation in accordance with article 3 of this law 4.8 the State revenue service parts may be made no later than 12 months from the time of the transaction. (13) the cabinet shall determine the order in which the State revenue service receives and examines reports on tax and duty drawback, as well as the deliverables, together with the review of the documents. " 22. Article 23: turn off the tenth; to supplement the article with the thirteenth part as follows: "(13) agricultural service cooperatives, which lays claim to the relevant agricultural service cooperative society status, as well as forestry cooperative society, which lays claim to the appropriate forestry services cooperative society status, corporate income tax advance payments may be made voluntarily." 23. Replace article 24, first paragraph, the words "fourth or eighth" with the words "and in the fourth, eighth, or 8.2 part". 24. Supplement article 27 with 11 and 12 points as follows: ' 11) article 3 of this law referred to in the report 4.8 the form and submission; 12) research and development activities, compliance and evaluation requirements, design documentation requirements, research and development expenditure accounting procedures, as well as compliance and evaluation requirements. " 25. The transitional provisions: express the following paragraph 99:99. "this law norms applicable in article 17.2 of eligible investment projects of which the Cabinet of Ministers has adopted a decision until 30 June 2014 and completed by 2019 the 30 June, in the light of the Commission's august 6, 2008, Regulation (EC) No 800/2008, which recognize certain categories of aid compatible with the common market in application of articles 87 and 88. (General block exemption regulation). This law, the provisions of article 17.2 of the applicable eligible investment projects for which the Cabinet of Ministers has adopted a decision from 2014 to 2020. of July 1 through December 31 and completed by 2025 to 31 December, subject to the State aid rules, the European Commission of 6 august 2008. Regulation (EC) No 800/2008, which recognize certain categories of aid compatible with the common market in application of articles 87 and 88. (General block exemption regulation). '; transitional provisions be supplemented with 112 113, 114, 115, 116, 117, 118, 119, 120, 121, 122, 123..., and 124 point as follows: "112. Amendments to this law, article 6 of the first subparagraph of paragraph 12 and the fourth paragraph of article 20.1 is applicable for the tax period, which started in 2013 and subsequent periods of taxation. The amendment to article 20.1 of the Act in the fourth subparagraph may apply for the tax period, which started in 2013 if it is favourable to taxpayers. Applying such amendments as the period in which the payment instrument is used for the lat, the tax amount may not exceed 100 lats. 113. This law, article 6, first paragraph, paragraph 21, the fourth part of paragraph 17 and article 22 shall apply in part 8.1 relevant cooperative society part of the surplus, which was divided for the tax period, which started in 2013 and subsequent periods of taxation. 114. This law, article 6, first paragraph, paragraph 22, and the fourth paragraph 18, 19 and 20, amendment of article 6, in part for its seventeenth exclusions in paragraph 6.4, article 14.1 of the shutdown, 2.1 and 2.2 of article 22 and article 22 of the 10th amendment to subparagraph is applicable, starting with the tax period, starting in 2014, and subsequent taxation periods. 115. This law, article 6, first paragraph, paragraphs 23 and 24, paragraph 21 of the fourth subparagraph and article 6.6 shall apply in relation to labour costs, which are calculated on the 2014 July and subsequent periods, as well as research and development agreements concluded with scientific institutions or accredited certification bodies, testing and calibration of 1 July 2014 and in subsequent periods. 116. the amendment of article 6 of this law, the fourth part of the exclusion in paragraph 2 and article 14 in part for its ninth defeat inapplicable, starting with the tax period, which begins in the year 2017, and subsequent taxation periods. 117. amendments that exclude this law, in article 13, first paragraph, point 2, point b, paragraph 9 and 10 and article 14 of the sixth and the seventh subparagraph is applicable, starting with January 1, 2013. 118. Amendment of article 13 of this law in part for its exclusion of 4.1 shall enter into force on January 1, 2015. 119. By 2012 31 December current special assisted area taxable person fixed asset depreciation calculation applied this law, in article 13, first paragraph, point 9 (version which was in force on December 31, 2012) this factor continues to calculate depreciation without reducing the net book value of the asset by the amount resulting from the application of the value of the fixed asset if the factor increasing the asset continues to be used in the area concerned economic activity. 120. A taxable person who is registered and running until 2012 31 December current special assisted area, this law article 14 referred to in the first paragraph of the taxation period losses incurred up to 2004, can cover in chronological order from the next ten tax period taxable income. If under this Act made to the taxpayer's tax period for the adjustment of profit or loss is the loss incurred during the tax period, which began in 2005, or after, you can cover the chronological order of the next tax period taxable income. 121. A taxable person who is registered and running until 2012 31 December current special assisted area, article 14 of the Act 1.1 referred to the tax period of losses may be covered in chronological order from the next six tax period taxable income. 122. The transitional provisions in paragraph 120 and 121. rules are applicable only for the loss of the tax period, during which the site was particularly assisted area status. 123. Amendment of article 1 of this law in the twenty-sixth part, and article 13, first paragraph, point 8.2 apply, starting with the tax period, beginning in 2014. 124. Starting with the tax period, beginning in 2014, as representative of the cars are not considered passenger cars, which during the tax period, which began in 2007, and subsequent taxation periods, was considered representative of the passenger cars, but which the acquisition value (without value added tax) does not exceed 50 000 euros. " 26. in the Section "Informative references to the directives of the European Union": turn off 2 and 4; Add to the section with the following paragraph 9: "9) Council of 30 November 2011 the 2011 EU Directive/96/on the common system of taxation applicable in the case of parent companies and subsidiaries in different Member States (recast version)." The law shall enter into force on January 1, 2014. The Parliament adopted the law in 2013. on 6 November. The President a. Smith 2013 in Riga on November 27.