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|RIGA， Dec. 2 (Xinhua) -- Latvian President Raimonds Vejonis on Friday returned to parliament the legislative amendments that would have phased out the reduced microenterprise tax， which is charged on small businesses， by 2019.
As he sent the amendments to the law on microenterprise tax back to lawmakers for revision， the president said that a new regulation that would make doing business for small and lifestyle enterprises easier had to be provided， before abolishing the existing microenterprise tax.
Earlier in the day， the government had reached an agreement with the Latvian Chamber of Commerce and Industry on the bill's postponement.
"The president believes that the proposed regulation is flawed and contradicts earlier promises，" Vejonis' representative Janis Siksnis said， noting that in September 2015， the government committed to working out a new support mechanism for Latvia's small enterprises.
The new mechanism， which still has not been provided， was supposed to replace the current microenterprise tax.
"Since such a regulation has not been developed and approved， the president believes that it would not be right to abolish the existing support system for microenterprises，" Siksnis said.
After the meeting with representatives of the Latvian Chamber of Commerce and Industry， Prime Minister Maris Kucinskis told reporters that drawing up new proposals on how to tax microenterprises would take at least three months.
The new regulation， he said， should help improve the business environment without hurting small and startup businesses， especially those operating in Latvia's regions. At the same time， it is necessary to make sure that the support system cannot be abused by regular companies seeking to optimize their taxes.
Under the agreement reached between the government and the Latvian Chamber of Commerce and Industry， registration of new microenterprise taxes will end not in mid-2017 as it was planned before， but when the new regulation is in place.
The microenterprise tax itself will also remain in place until the new regulation is adopted.
At present， small enterprises in Latvia are required to pay 9 percent of their turnover in microenterprise tax. Enditem
PANAMA CITY Cheap Minnesota Vikings Hats , June 15 (Xinhua) -- Panama's newly-established diplomatic relations with China will not negatively affect the Panama Canal's operation, the waterway's CEO Jorge Luis Quijano said on Thursday.
The only thing that influences transit through the canal is trade, which determines the number of cargo ships that need to use the waterway, Quijano told reporters at a press conference.
The canal maintains excellent commercial ties with all its clients Cheap Minnesota Vikings Hoodies , he said.
"This canal is neutral. Cargo ships from around the world pass through here (and) none have been restricted. What we demand is that they fulfill all international regulations to pass through the Panama Canal," said Quijano.
While establishing ties with China won't negatively affect the canal's operation, it could benefit the Central American country's investment outlook at a time when China is investing in projects throughout Latin America, he said.
China is the second largest user of the Panama Canal Cheap Minnesota Vikings Shirts , and ties between China and Panama go back more than 160 years.
Panamanian President Juan Carlos Varela announced late Monday in a televised speech that his country has established diplomatic relations with the People's Republic of China.
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A senior official from the Chinese Ministry of Justice (MOJ) Wednesday defended the detention of lawyers from a Beijing law firm Cheap Minnesota Vikings Jerseys , saying it is "good for the general legal practice environment."
A group of lawyers from the Beijing-based Fengrui Law Firm are accused of disrupting public order, seeking profits and illegally hiring protesters to sway court decisions in the name of "defending justice and public interest," Xinhua reported.
He Yong, a deputy director from the Department of Directing Lawyers and Notarization at the MOJ Cheap Vikings Hats , said that the lawyers who organize paid protests crossed the boundaries of legal practice.
Some of the law firm's activities hampered normal judicial work, and were divergent with professional conduct and spirit of the rule of law, He said.
He went on to say that most of the lawyers are professional and those detained do not represent the whole group.
The total number of practicing lawyers stood at 270,000 and domestic law firms at more than 22 Cheap Vikings Hoodies ,000 by the end of 2014, MOJ said. "As the apex department of supervising lawyers, we stand firmly by the police in investigating and dealing with these lawyers in accordance with the law," he said Cheap Vikings Shirts , suggesting we should get rid of the "rotten apple."
The development of lawyers means the advancement of the rule of law, said He Yong, the MOJ official, while urging lawyers to fulfill their responsibilities legally. "The realization of the Chinese dream is not possible without the participation of Chinese lawyers."
The People's Daily also published four articles criticizing the lawyers' misconduct on Wednesday. Wang Jinxi Cheap Vikings Jerseys , a law professor from the China University of Political Science and Law, said that lawyers should not become merchants making money through the legal practice and should study the law and win lawsuits in courts rather than organizing protests to create influence.
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