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Of which 747.463 million euros of basic public debt, a decrease of 1.2% compared to the beginning of June, 304.372 million euros for the budgets of local authorities, a month earlier, while social security contributions rise to 160.645 million euros, According to the SRS, current debts for which late payment is calculated rise to 66.3% of total debt or 803,844 million euros in July.
According to the SRS, the debts of 2,258 million euros were recognized as irrecoverable on 1 July 2018 – these debts had been formed for liquidation before the completion of the liquidation procedure.
On the other hand, debts of 801,585 million euros were recognized at the beginning of July 165,856 million euros, but practically irrecoverable – 635,729 million euros. Debts deemed irrecoverable, receivables of 634.707 million euros have no cash and property to be recovered, the recovery period being 1.022 million euros.
The extensions of the repayment period on July 1 were divided between 106.97 million euros. In turn, the amount of the suspended debts, which ended the calculation of the late payment, amounted to 301 667 million euros at the beginning of July – this amount consisted of debts of companies recognized as insolvent.
Total tax debts in Latvia amount to 1.223 billion euros. ] The BSS is a direct administrative institution subordinate to the Ministry of Finance, which provides tax and tax accounting, the collection of taxes, taxes and other mandatory payments on the territory of Latvia and collects taxes, duties and fees. other mandatory payments to the budget of the European Union. policy and deal with customs cases. SRS was established in 1993.
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