What’s next for the canceled tax reform?

Additional content of next year’s national budget No money for new expenses Latvia’s economic growth forecast for the next few years, assuming policies remain unchanged Be humbleIn order to boost growth and reduce social inequalities, the government and its social partners have been working on changes to tax policy, but more than a year and a half of work and discussion did not lead to success this week. Ministry of Finance Cancel Quote Demo The company announced that discussions with its partners are continuing. What are the next steps? This was discussed on the “Delfi TV” programWhy” with Alina Rastovsky.

This week, the Ministry of Finance (MoF) finally announced that the results of one and a half years of work would be published on Wednesday, August 21. However, a few hours before the scheduled press conference, the MoF announced that due to “different opinions of partners”, the tax reform work will continue. Employers’ organizations have been the most critical of the FM’s vision, stating that the proposed tax reform not only fails to meet the goals set in the government’s manifesto, but will also continue the stagnation of the Latvian economy and lag behind its neighbors.

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