Latvia Latvian Parliament considers Bill to reduce the VAT rate of Petroleum to 12% until December 31, 2022 01 April 2022
European UnionLatvia Flashback on ECJ Cases – C-263/11 (Rēdlihs) – Owner of private forest can be taxable person for VAT purposes 05 March 2022
Latvia Guideline Special VAT Scheme for electronic communications, broadcasting and electronically supplied services 28 February 2022
Latvia Latvia Tax Agency Updates Guidance on Special VAT Regimes for Electronic Communication, Broadcasting, Media Services 16 February 2022
Latvia European Council: Latvia May Continue Applying Reverse Charge Mechanism to Timber Supplies 21 January 2022
Latvia Latvia’s governing coalition parties discuss cutting VAT on energy from 21% to 5% to stem rising energy costs 18 January 2022
LatviaPolandRomaniaSerbiaSlovakia Eastern Europe: the rise of CTSs (Continuous Transaction Controls) 06 January 2022
Latvia On 1st January 2022 VAT on books, news websites, etc will be reduced from 12% to 5%, and on e-books from 21% to 5% 22 December 2021
Latvia Input VAT paid for services related to an acquisition of shares is deductible 22 December 2021
Latvia Latvian parliament rejects opposition deputies’ proposal to temporarily reduce VAT for electricity 17 December 2021
European UnionLatvia ECJ C-598/20 (AS Pilsētas zemes dienests) – Order – Leasing of immovable property under a compulsory lease regime is excluded from the VAT exemption 12 December 2021
European UnionLatvia Latvia authorized to continue applying restriction on right to deduct VAT in relation to passenger cars 06 December 2021
Latvia Budget 2022: Reduction in the VAT rate on books and periodicals from 12% to the 5% 30 November 2021
European UnionLatvia Flashback on ECJ Cases – C-326/15 (DNB Banka) – No Exemption for Independent groups of persons performing economic activities 14 October 2021
Latvia Proposal to allow Latvia to continue to limit input VAT deduction on privately used passenger cars to 50% 10 October 2021
European UnionLatvia Flashback on ECJ Cases – C-154/16 (Latvijas dzelzceļš) – No VAT is payable on the part of goods which have been completely destroyed or irretrievably lost and placed under the external Community transit procedure 07 October 2021
European UnionLatvia Proposal European Commission to extend authorization of Latvia to restrict Right to Deduct VAT on Passenger Cars 07 October 2021
European UnionLatvia Flashback on ECJ Cases – C-288/16 (L.Č.) – Only VAT exemption on export if service is provided directly to sender or receiver 21 September 2021