The increasing activity in the stock exchange in recent years also makes Latvian companies think about using such an opportunity with the aim of investing financial resources in securities that allow developing and expanding their business. Let's look at this opportunity from the accounting and tax side!
Securities are considered financial instruments in the sense of the Financial Instruments Market Law, that is, such securities that are listed on the regulated markets of public circulation. However, mastering the regulated market, accounting for securities and transactions with them often present additional challenges for companies, as well as questions about the application of taxes. In order to successfully invest in financial instruments, the company must orientate itself in the regulated market and its regulatory acts, where it is also important to take into account the tax effect from transactions.
Source: iFinanses