Riga Freeport evading taxes

  • 2013-10-03
  • From wire report
RIGA - Despite having the largest turnover and revenue, the Freeport of Riga pays three times less into the Riga City Council’s budget than the Freeport of Ventspils does into the Ventspils City Council’s budget, the Latvian State Television program De facto reports.De facto reveals a clever scheme showing the Freeport of Riga Authority bypassing the law. The Law on Ports stipulates that ten percent of payments for tonnage, canal, small ship and anchorage dues are transferred to the local government’s special budget and are utilized for the development of infrastruct...
 
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