Latvia Approves 12% VAT Rate Increase on Fruit and Vegetables

• Latvia’s government has approved an increase in the VAT rate on fruits and vegetables.
• The VAT rate will be raised from 5% to 12%.
• The increase will take effect on 1st January 2024.

Source: meridianglobalservices.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.