According to media reports, Latvia’s parliament has approved a law that would ratify a double taxation agreement (DTA) and an amending Protocol signed with Mexico. The parliament has also undertaken a second reading of a draft Protocol to the 2004 Latvia-Georgia DTA, at its meeting on October 18, 2012.
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On 9 December 2023, Latvia's Ministry of Finance of Latvia announced that the parliament approved the 2024 state budget and 19 accompanying laws. The key amendments include: Amendments to the personal income tax The Personal Income Tax
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On 13 November 2023, Mexico published the Federal Revenue Law for 2024 in the Official Gazette. Accordingly, Mexico increased the withholding tax (WHT) rate on interest payments made by financial institutions from 0.15% to 0.50% for fiscal year (FY)
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