Car and motorcycle tax
relates to Latvia
From 2011 there is a new law on vehicle operating tax and company car tax. Now the vehicle operating tax for a motorcar shall be calculated by summing up the tax rates in compliance with full weight of a motorcar, engine capacity and maximum engine power. From 2011 the company car tax is imposed on all motor vehicles owned or held by enterprises, assuming that they are used for private use of employees. An enterprise shall not pay such tax, if it can prove that the car is not used for private needs. A company car tax is from EUR 27 up to EUR 60 (per month) depending on engine capacity.
This page was last modified on 18 January 2018 at 05:53.
Total number of written articles in Encyclopedia: 817;
Baltic Legal[w] solely sponsorship.
Business encyclopedia© is a trademark of the Baltic Legal attorney, a profit legal enterprise.
Baltic Legal (law office): Contact Us
Author: Artis Zelmenis