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Latvia responds to European Commission's letter of formal notice regarding taxation of outbound dividends

|Approved Changes|Latvia
Latvia

On 28 February 2008, the European Commission announced that it had sent Latvia a letter of formal notice (first step of the infringement procedure under Art. 226 of the EC Treaty) to amend its rules under which dividends paid to non-resident individuals may be taxed more heavily than those paid to residents. On 15 April 2008, in response to the letter of formal notice, the Latvian g…

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