„Latvijas balzams” is included on so - called „White list” of Latvian companies. It is a special cooperation programme of State Revenue Service that includes already 17 local companies that meet the requirements of the Programme.
Guntis Āboltiņš – Āboliņš, the Head of the Board of „Latvijas balzams” commenting this step says:
„We are one of the largest taxpayers in the country and our cooperation with the State Revenue Service has been always positive and constructive. The main objective for us is to continue to accomplish the internal control procedures within the company by using the Professional advices of tax consultants available for the Programme members”.
The companies that will join the Programme in the future will be entitled to such privileges as faster repayment of value-added tax and simplified customs clearing procedures. Members of the Programme will also be provided with individual tax consultants and promptly notified about possible tax payment risks.
JCS „Latvijas balzams” is the leading producer of alcoholic beverages in Latvia and one of the largest taxpayers. During the first half of 2012 JSC “Latvijas balzams” paid 16.1 million lats to the state budget, including the excise tax amounting to 11.2 millions lats.
Companies’ performance has been accomplished with the Silver medal in National Sustainability Index 2012 which proves the progress in internal control and risk management.
Communications Manager LB
AS „Latvijas balzams” Tel.: +371 67011711