Latvia's Ministry of Finance issued a release on 26 September 2023 announcing that the Cabinet of Ministers has examined the informative report on the development of the National Tax Policy Guidelines for 2024-2027, including proposed tax measures as part of the 2024 Budget. As previously reported, this includes a new 20% tax on banks and non-bank creditors that would be based on the previous year's profit. Other proposed measures include:
- Excise tax (duty) revisions, including an increase…