#18 The tax system in the Baltics is ok I Jānis Taukačs, Sorainen partner
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Entrepreneur Armands Broks discusses the 18th episode of his podcast Virziens with Sorainen partner Jānis Taukačs. In this episode, they discuss various tax-related issues: the tax system in Latvia and global trends in tax matters, the experience of other countries, as well as the shadow economy. J. Taukačs also speaks out about the bank's excess profit tax, stock options, and the choice of tax residence countries. Together with A. Broks, he also discusses next year's tax changes. The Sorainen partner emphasizes that the tax system in Latvia is not bad at all - it is quite attractive even at the Baltic level. At the same time, every entrepreneur is interested in his specific situation. Currently, people all over the world are thinking about reducing the tax gap. Hopes are being placed in Europe on a directive that provides for the declaration of online transactions in real time, which will combine well with the e-invoicing system. They also touch on the topic of artificial intelligence, and J. Taukačs emphasizes that those who ignore the development of artificial intelligence will have a hard time surviving. - 00:00:00 Why did we invite Jānis Tukačas to the podcast? 00:02:14 What are clients currently consulting about? 00:02:56 Budget deficit 00:05:16 Latvia looks good against the background of other countries 00:07:16 Global breezes 00:12:50 SRS as a technology company 00:16:15 Tax system in Latvia 00:21:44 The Baltic tax system is not bad 00:24:13 Mobility and tax residency country 00:29:42 Smart migration policy 00:32:21 The example of the Irish and Hungarian tax systems 00:35:16 Latvia's development direction: technologies 00:36:13 The gray economy 00:38:35 Endless tax increases are the road to nowhere 00:40:00 What tax policy would attract companies? 00:43:48 Entrepreneurs analyze which countries have more attractive taxes 00:50:01 Shadow economy 00:55:05 If you can't pay taxes, you have to do something else 00:56:55 Stock options 00:58:07 Cash is a plague that needs to be gotten rid of 01:03:42 Bank excess profit tax 01:08:20 How to create a podcast? - Virziens social networks: / virziens_ / virzienspodkasts https://x.com/Virziens_ / virziens - Host: Armands Broks Director and editor: Toms Harjo Theme research: Anda Asare Project management: Madara Kalme Social media management: Gundars Smuidris
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