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TALKING TAX: Precaution with VAT on sales of buildings

Often a real estate developer faces a situation which could be described as a "tax surprise." An exa

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Lithuanian, Latvian MPs target luxury cars

VILNIUS - In a search for additional revenues and closure of tax loopholes, lawmakers in Lithuania a

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Building costs soar in Latvia, Estonia

RIGA - Construction prices catapulted 30 percent in Latvia in the first three months of 2007, the hi

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Vitol boosts stake in Ventspils Nafta to 48 percent

RIGA - A subsidiary of the Vitol Group, an international oil and gas trader, announced last week tha

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Report shows extent of Mazeikiu's financial woes

VILNIUS - Lithuania's largest corporation, Mazeikiu Nafta, issued its financial results for 2006 las

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Lietuva in brief - 2007-04-25

Russian prosecutors have started a pre-trail investigation into the possible murder of Lithuanian bu

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Radioactive material confiscated

VILNIUS - Lithuanian police have detained two Belarusian citizens who allegedly tried to smuggle rad

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Lithuania becoming land of missed opportunities, president warns

VILNIUS - The year 2006 saw democracy tested in Lithuania, the country failed to start much-needed r

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Ansip pledges to stay the course

On April 20 Estonian Prime Minister Andrus Ansip faced a meeting of the joint foreign chambers of co

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Latvija in brief - 2007-04-25

Riga police arrested three men on April 23 for possession of approximately 25,000 lats (35,500 euros

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