Changes planned are including an increase in various excise duties, vehicle operation tax rates, and the lottery tax. Lastly, it planned to extend the reduced VAT rate of 12% on qualifying fresh fruits, berries, and vegetables until 31 December 2028.
Source Orbitax
Latest Posts in "Latvia"
- Latvia Cuts VAT on Essential Foods, Tightens Book Tax Rules in 2026 Budget Reforms
- Latvia Cuts VAT on Basic Foods and Permanently Reduces Tax for Local Produce in 2026
- Country Overview, Fiscal Devices, Requirements, E-commerce Rules, Registration, Archiving, Audit, and Penalties
- The method of payment can define the fiscalization obligation in Latvia
- Parliament Adopts 2026 Budget: Reduced VAT on Food, Maintains Lower Rate for Books and Periodicals














