Insights

In the beginning of the year, several tax changes were introduced in Estonia, Latvia and Lithuania.

Key changes in tax legislation in the Baltics in 2021

On 16 July 2020, the European Union Court of Justice (CJEU) passed judgment C-311/18 (Schrems II), invalidating the US-EU certificate programme Privacy Shield, which ensures data transmission security.

Cookies can't read data off your hard drive or cookie files created by other sites; they are one of the technologies tracking people’s behaviour on the web.

In addition to the pandemic the 2020 is memorable as the year or record growth in cybercrime. According to the FBI the USA companies have reported a 400% growth in cyber-attacks and 68% more companies reported of fraud.

In January WhatsApp announced that it is changing its data policies so that the users only options are either to agree to their data policy and make data about them available to Facebook, the owner of WhatsApp, and any of its chosen third parties or not use the service.

Grant Thornton 2020 European Real Property Transfer Taxes Guide

Key changes in tax legislation in the Baltics in 2020

Transfer pricing new regulation