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Budget for 2014 – adopted in first reading

|Proposed Changes|Latvia
Latvia

On 17 October 2013, the parliament adopted, in the first reading, the draft Budget for 2014 and accompanying draft amendments to tax laws.

The following major amendments would, inter alia, be made to the tax laws, in 2014:

-   the personal allowance for individuals would be increased from LVL 45 (approximately EUR 64) to EUR 75 per month;
-  

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