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Latvia Updates VAT FAQs: Key Changes for Businesses

  • VAT determination based on transaction content
  • VAT application to real estate transactions
  • Special VAT regime for construction work
  • VAT calculation and payment on imported goods
  • Place of supply rules for services
  • VAT invoice requirements

Source: news.bloombergtax.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.

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