Latvia revs up tax on motorcycles

Dec 02, 1999

RIGA(BNS) - The Latvian Parliament, on Nov. 26, adopted a law about excise tax under which the tax will be levied not only on passenger cars, precious metals and stones but also on coffee, soft drinks and motorcycles.Latvia already applies excise tax to cars, precious metals and stones, and the tax rates remained unchanged.Starting next year, however, excise tax will also be levied on coffee and soft drinks containing sweeteners and additives to enhance the aromas. The tax does not apply to juic ...

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