The Baltics Today

Government repaid almost EUR 11.3 mln to Latvians for accumulated savings in 2013

According to the Latvian State Revenue Service, 75,000 residents in Latvia who submitted income declarations for 2012, last year indicated that they had made contributions toward their 3rd level pension plans or toward life insurance policies with accumulated funds. The total sum of the contributions was EUR 46.9 million. The government reimbursed nearly EUR 11.3 million to such taxpayers in 2013, informed BC head of corporate communications at Citadele Bank Zane Udrase.... Read more...

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