2012.02.01 11:05 |
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RIGA, Jan 31 (LETA) - The government today approved the Finance Ministry's procedure for the declaration of cash savings by private individuals, whereby person who have such cash savings will have to transfer them to their accounts in commercial banks. The regulations stipulate that this will have to be done by 12 midnight on June 1 this year. The law on private individuals' declarations of financial circumstances, which came into force December 15 last year, stipulates that residents will have to declare cash savings worth more than LVL 10,000, in lats or foreign currencies, which they will have to pay into their bank accounts. For officials, the minimum limit is LVL 4,000.
Jānis Bagātais LETA |