Raimonds Vējonis indicated that decision of the Cabinet of Ministers taken on 22 September 2015 was not implemented to develop a regulation substituting micro-enterprise tax that would determine introduction of a specialised and simplified tax regime for small and micro-enterprises with a low annual turnover by providing for a simplified accounting, reporting, and payment of taxes.
“Failure to meet previously made decisions undermines the trust of the population in state power as a whole, as well as it reduces security and stability of the business environment,” wrote the President of Latvia in his letter to Madam Speaker of the Saeima Ināra Mūrniece.
Raimonds Vējonis stressed that business operators should be given certainty and confidence in the rules regulating the business. Changes in laws and tax policies must be predictable and consistent so that their enforcement would promote and strengthen the business environment.
The President of Latvia hoped that the occurring situation would be used to improve mutual trust between businesses, population, and public power. Raimonds Vējonis declined categorically that return on the amendments to the Micro-enterprise Tax Law for reconsideration would mean motion of no confidence in the Prime Minister.