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Double taxation on dividends discussed by members

Dec 16, 2021

On December 16, members launched a new work group on double taxation on dividends. The aim of this work group is to consider potential amendments to the Corporate Income Tax and Personal Income Tax regime when paying out dividends as well as to balance tax burden for foreign investors to make Latvia more attractive for both international and the U.S. investments.

The next work group meeting will be scheduled at the begining of 2022. If you would like to get involved, please contact Ieva Melngaile at amcham@amcham.lv.

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I would highly recommend membership to other professionals looking to expand their business connections.

Gundars Ziemanis, Latvia branch Country Manager, Siemens Healthineers

I look forward to promoting stronger U.S.-Latvia ties and working with AmCham members to ensure Latvia is a trusted destination for international business.

John Tully, Chairman of the Board of MikroTik