The deadline for submitting the declaration of income from capital gains depends on the amount of income earned during the quarter:
- if the total income of a person (a resident of Latvia) from transactions with capital assets in a quarter exceeds 1000 euros, the declaration must be submitted quarterly by the 15th day of the month following the quarter when the income from capital gains was earned;
- if the person's total income from transactions with capital assets in a quarter does not exceed 1000 euros, then the declaration must be submitted by 15 January of the following year.
The obligation for a foreign taxpayer to submit a declaration of income from capital gains - by the 15th day of the month following the month in which the income was earned - applies only in cases where the tax is not withheld at the time of payment.
Service requests
Taxpayers must submit the statement through EDS. The declaration can also be submitted in person, in any customer service department of the SRS. The calculated amount of tax must be paid into the single tax account by the 23rd of the month in which the statement of return on capital gains is submitted.
Receipt of services
Service is received as per application.