Tax conventions signed by Latvia
Latvia began its work for the conclusion of tax conventions in 1992 and till now has held negotiations with 69 states. Until now 64 conventions have been initialed, of which 56 conventions have been signed and 54 conventions are currently effective for application (and with 2 states the protocols on amending the effective tax conventions have come into effect for application).
The ratification of the tax convention in Saeima doesn't mean that it would be applied. The ratification means that Latvia has fulfilled necessary requirements for the tax convention's entry into force. About the fulfilment of the mentioned requirements the Ministry of Foreign Affairs informs the other contracting state in the diplomatic way (submitting the official note). In the similar way the other contracting state also informs about the fulfilment of necessary requirements. In accordance with the provisions of concrete tax convention the latter date of such announcement (note) would be consider as the date of the convention's entry into force. But the application of the tax convention's provisions would begin in the next calendar year following the year in which the Convention enters into force.