Tag: Latvia
-
Country-by-Country Reporting (CbCR) Regulation in Latvia
Latvia’s adoption of the Country-by-Country Reporting framework reflects its commitment to enhancing global tax transparency and combating base erosion and profit shifting. Multinational enterprises that meet the revenue threshold must ensure they comply with the CbCR requirements by submitting timely and accurate reports. Non-compliance can result in significant penalties, making it essential for MNEs to…
CbC Reporting 