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Latvia Measures to Aid Businesses During the COVID-19 Emergency

|Approved Changes|Latvia
Latvia

Latvia's Cabinet of ministers has issued a release on measures to aid businesses during the COVID-19 emergency. This includes the following:

  • The state will temporarily support employers in covering sick-leave payments, as well as employee salaries during idle time;
  • It will be possible for businesses to defer tax payments for a period of up to three years, and the deadline for submitting annual reports has been extended to at least 31 July; and

The State Revenue Service will refund approved…

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