Latvian employers organization calls on government to get down to revision of tax policy

RIGA - The Latvian Employers' Confederation (LDDK) calls on government to urgently start work on revision of tax policy, focusing on labor taxes, which is essential in ensuring Latvia's competitiveness in the Baltic region, said LDDK acting general director Ilona Kiukucane at the government meeting today.

She said that only by taking into account the proposals of social partners, it is possible to achieve higher activity in tax payment.

As reported, right after the 2023 budget is adopted, work on the tax policy guidelines will be started, said Finance Minister Arvils Aseradens (New Unity) in an interview with LETA earlier.

The government coalition partners have agreed that tax policy guidelines are being revised once in the political cycle, and if a decision on any changes is made, it is announced in a timely manner. Largest changes in taxes might be expected in 2025.

The government today supported the bill on the government budget for 2023 and budget framework for 2023, 2024 and 2025.