The most significant steps that have been taken in support of Latvian businesses

1. The SRS will asses each deadline extension individually
2. Extension up to 3 years will be granted to the companies that have made all previous tax payments on time
3. Tax payment extension can be submitted in 2 months time after the submission of tax declaration.
4. Local governments have the right to extend real estate tax deadline.

Industry associations have presented a proposal to the government, allowing labour force taxation to be reduced by 75% during the crisis period. There is no decision on this possibility at the given moment