Have you heard about “In-depth Cooperation Programme” in Latvia? It isn’t about classifying enterprises but about collaboration between State Revenue Service (SRS) and taxpayers.
SRS informed that selection criterias had changed and program was developed by including small and medium enterprises from January 1st, 2019. The benefits could be used by a wider range of merchants.
According to “In-depth Cooperation Programme”, taxpayers will be grouped at three levels in accordance with activity. These levels are Bronze, Silver and Gold. New program participants will be selected once a year (in January 1st) based on available to SRS information automatic selection and evaluation.
The “In-depth Cooperation Programme” has proven to be an important tool for cooperation between taxpayers and public authorities. It currently bringing together 75 taxpayers. Only large companies have been able to become members of the program so far because of given selection criteria for the program. Approximately 2,500 taxpayers are expected to meet the criteria of the new model of the “In-depth Cooperation Programme” now.
Program participants are assessed quarterly and removed from the list if discrepancies are found.If participant want to get to higher level, he must spend at least 1 year on the bronze level, 2 years for silver level.
Participants at each level will get benefit from the SRS, the Central Finance and Contract Agency, the Ministry of Economics and the Ministry of Education and Science.
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