UPDATE: Low - Tax and Tax - Free countries in Latvia 2021

UPDATE: Low - Tax and Tax - Free countries in Latvia 2021

Lately we have informed you about low – tax and tax – free countries in Latvia. Please read our article which includes full list of such countries in 2021.

Since the jurisdictions listed below have begun to initiate and ensure the exchange of information, countries of the listed jurisdictions are no longer considered to be low-tax or tax-free countries and territories:

• Antigua & Barbuda
• Commonwealth of the Bahamas
• Bahrain
• Brunei Darussalam
• Commonwealth of Dominica
• Republic of Ecuador
• Republic of Djibouti
• Grenada
• Jamaica
• New Caledonia (French Republic)
• The Hashemite Kingdom of Jordan
• Republic of Kenya
• Republic of Liberia
• Macau (People's Republic of China)
• Republic of Maldives
• Democratic Republic of São Tomé and Príncipe
• Saint Pierre and Miquelon (French Republic)
• Saint Helena Island
• Tahiti
• Kingdom of Tonga
• Republic of Venezuela
• Zanzibar (United Republic of Tanzania) 
• Republic of Vanuatu

As so far, the nature and purpose of the tax rules in Latvia is to identify a list of low-tax or tax - free states and territories with the aim of preventing abuse of the tax system.

To find out more about black listed countries in Latvia, please contact our Tax lawyers in Latvia at info@gencs.eu.

T: +371 67240090

www.baltic-lawfirm.eu

www.attorneys-at-law.eu

www.lavvocato.eu