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Klauberg BALTICS Legal Newsletter Januar 2025

ESTONIA

Find out how Estonia’s 2025 tax changes will impact everyday expenses. Income taxes are increasing, a new car tax will add costs for vehicle owners, and VAT is rising, making goods and services more expensive. Fuel, alcohol, and tobacco prices will also go up due to higher excise duties. With inflation still a concern, these changes will affect both individuals and businesses.

LATVIA

Discover how Latvia’s recent succession law reform, effective 1 January 2025, enhances transparency and limits heirs’ liabilities. The changes prevent silent inheritance acceptance and require notaries to identify and notify potential heirs. Creditors gain more protection, with the ability to request asset lists from bailiffs if heirs underreport estates.

LITHUANIA

Learn about the significant changes to Lithuania’s Labor Code as of 1 January 2025. These updates enhance workplace safety by prohibiting violence and harassment and introduce stricter penalties for non-compliance. New provisions also regulate additional work agreements, simplify hiring processes for managers, and offer better protections for employees affected by layoffs.