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MessagePosté le: Jeu 17 Mai - 11:09 (2018)    Sujet du message: Répondre en citant

RIGA, Dec. 2 (Xinhua) -- Latvian President Raimonds Vejonis on Friday returned to parliament the legislative amendments that would have phased out the reduced microenterprise tax, which is charged on small businesses, by 2019.

As he sent the amendments to the law on microenterprise tax back to lawmakers for revision, the president said that a new regulation that would make doing business for small and lifestyle enterprises easier had to be provided, before abolishing the existing microenterprise tax.

Earlier in the day, the government had reached an agreement with the Latvian Chamber of Commerce and Industry on the bill's postponement.

"The president believes that the proposed regulation is flawed and contradicts earlier promises," Vejonis' representative Janis Siksnis said, noting that in September 2015, the government committed to working out a new support mechanism for Latvia's small enterprises.

The new mechanism, which still has not been provided, was supposed to replace the current microenterprise tax.

"Since such a regulation has not been developed and approved, the president believes that it would not be right to abolish the existing support system for microenterprises," Siksnis said.

After the meeting with representatives of the Latvian Chamber of Commerce and Industry, Prime Minister Maris Kucinskis told reporters that drawing up new proposals on how to tax microenterprises would take at least three months.

The new regulation, he said, should help improve the business environment without hurting small and startup businesses, especially those operating in Latvia's regions. At the same time, it is necessary to make sure that the support system cannot be abused by regular companies seeking to optimize their taxes.

Under the agreement reached between the government and the Latvian Chamber of Commerce and Industry, registration of new microenterprise taxes will end not in mid-2017 as it was planned before, but when the new regulation is in place.

The microenterprise tax itself will also remain in place until the new regulation is adopted.

At present, small enterprises in Latvia are required to pay 9 percent of their turnover in microenterprise tax. Enditem
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Xinhua reporter unmasks lottery firm’s online illegal operation

A Xinhua News Agency reporter has revealed another alleged illegal operation of a State-owned lottery enterprise.

The whistle-blower, Wang Wenzhi, a reporter from the Economic Information Daily newspaper under Xinhua, told the Global Times Sunday that he has informed the Ministry of Finance about the illegal operations of the China Lottery Online Co Ltd.

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Wang said that he first published the story in May on He's alleged shady deal, but has not openly published the latest information for fear of reprisals.

Wang said He has sued him for defamation. Wang is demanding 5 million yuan in compensation and a public apology for seven consecutive days. The case was heard by a local court in Haidian district , Beijing. A decision has yet to be made.

The company could not be reached as of press time, but has previously denied Wang's May report, news website chinanews said.

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Song was placed under investigation in April 2014 and was expelled from Chinese People's Political Consultative Conference (CPPCC) National Committee in June 2014.

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