Latvia Latvia to cut basic foods VAT to 5% as inflation hits new records in July 09 August 2022118 views1 min read The Latvian Ministry of Economics is considering a two-year cut in the Value Added Tax rate on basic foodstuffs from 21% to 5%. Source: VAT Calc Rate Flashback on ECJ Cases – C-472/08 (Alstom Power Hydro) – A Member State may provide for a limitation period of three years for refund of unduly paid VAT Tax agency announces Swiss VAT refund for Latvian VAT payers
