Latvia Latvia to cut basic foods VAT to 5% for 2 years as inflation soars 15 March 2022112 views1 min read Highest inflation in over 20 years prompts tax cuts Source: vatcalc.com Rate VAT rate reduction for petroleum products Flashback on ECJ Cases – C-263/11 (Rēdlihs) – Owner of private forest can be taxable person for VAT purposes