Government decides to finance sick leaves with budget money; postpone tax payments and grant three-year tax holidays

  • 2020-03-18
  • LETA/TBT Staff
RIGA - To mitigate the negative impact of the Covid-19 pandemic on the Latvian economy, the government on Tuesday approved a number of proposals, including to finance employees' sick-leaves from the state budget, postpone advanced personal income tax payments in 2020 and to extend businesses' tax holidays from one to three years.  A decision was also taken to support businesses with financial instruments.  The Finance Ministry informed LETA that the government will be able to provide all the aforementioned measures because in recent ye...
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