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Friday 26.05.2017 | Name days: Varis, Eduards, Edvards
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Businessmen’s opinions will be considered when setting appropriate tax model

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUStarting this week, all of Latvia’s small and micro enterprises that have submitted their e-mail addresses to the Enterprise Registry will receive an invitation to participate in a study and express their opinions about alternatives for the micro-enterprise tax and factors that obstruct their business activities, BNN was told by Economy Ministry.

Opinions of businessmen will be one of the criteria for establishing appropriate tax models for small businesses and start-ups. The study is performed by Economy Ministry and Latvian Chamber for Commerce and Industry in cooperation with SKDS.

«This is a new approach in Latvia, because the choice of the next regulation model will be based on the needs of businessmen. This will be a very big study. It offers a chance for 71,000 businessmen to voice their opinions in regards to the most appropriate tax model,» says SKDS head Arnis Kaktins.

He says that businessmen will be provided with a link to the study via their e-mail addresses. «The tax matter will require attention. This is why I recommend for everyone to read descriptions of the possible tax models before tackling the questions,» Kaktins comments.

It is planned that this study will help acquire information about questions associated with small businesses, which is something the state has to take into account when developing tax changes. This includes information regarding geographical distribution of small businesses, their fields of expertise, use of revenue, productivity and practices in performing social fees.

Economy Ministry notes that businessmen will be asked questions about grey economy, unfair competition and applicable tax volume on their everyday work.

LCCI chairman Janis Endzins says that it is important for businessmen to respond to this study and be responsible in their answers. «The criticizing tradition in Latvia is well-developed, whereas social participation is only starting to develop. We hope this study will help achieve progress,» he said.

In addition to the study, SKDS will also perform in-depth interviews with small businessmen.

«Quantitative and qualitative information acquisition combined with interviews and analysis by experts from different field will allow us to identify the opinion of the majority in regards to the most preferred tax model,» said Economy Ministry’s state secretary Juris Stinka.

He explains that before the final document is handed to the Cabinet of Ministers for approval, experts will hold a final discussion at a seminar organized by LCCI. This will help provide the government with the most qualitative information in regards to the best possible model.

Ref: 224.109.109.2498


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