Latvijas tilti Jsc. included in the In-Depth Cooperation programme
Latvijas tilti Jsc., one of the companies within the LNK Group and a part of the LNK Industries building and production group has been included in the In-Depth Cooperation programme of the State Revenue Service (SRS) or so-called “White List”. The decision to include the company in the In-Depth Cooperation programme was made by the Ministry of Finance after assessing its operational results and other ratios.
"We appreciate the initiative of both the Ministry of Finance and SRS in launching the In-Depth Cooperation program which has been set up to assist certain corporate taxpayers. It will not only relieve the administrative burden on companies, which are important tax-payers and big employers, but also offer a chance to improve the in-house procedures in conjunction with SRS experts,” says Artjoms Milovs, a manager of Latvijas tilti Jsc.
The In-Depth Cooperation programme was introduced in July 2012. It currently includes 26 companies. The programme provides for closer and more efficient cooperation with the SRS by securing several benefits: shorter value added tax refund period, more efficient receipt of information from the SRS, designated SRS adviser etc.
About Latvijas tilti Jsc.
Latvijas tilti Jsc., an entity within the LNK Group, which is a part of the LNK Industries building and production group, is one of the biggest building companies in Latvia specializing in construction and reconstruction of bridges, road overpasses and tunnels as well as reconstruction and building of marine piers and coast-protection structures.
About LNK Group
LNK Group holding was established in 1988. It comprises 18 companies operating in three principal business divisions: building and production (LNK Industries), engineering (LNK Engineering) and property development (LNK Properties). The companies are currently implementing complex and innovative projects such as the designing and building of cargo and passenger terminals in Klaipeda, building of Riga Fertilizer Terminal for reloading of fertilizers, designing and building of Riga Bulk Terminal for bulk cargos etc. Number of employees in LNK Group companies exceeds one thousand. For further information about LNK Group see: www.lnk.lv