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’s Fiscalization Journey: Enhancing Tax Transparency and Accountability Since 2014
- Amendments to VAT and Excise Duty Procedures for Diplomatic and International Organizations in Latvia
- Latvia’s Fiscalization System: Devices, Requirements, Documents, and Support for Compliance
- Comprehensive Guide on Fiscal Devices, Business Processes, Registration, Sales Channels, and Compliance Penalties
- Guidelines for Using Electronic Devices in Tax Recording: Scope, Obligations, and Compliance Procedures
