On Monday, November 15, the Saeima decided to reduce the value-added tax (VAT) rate from the current 12% to 5% from January 1, 2022, on books and printed press. The reduced rate of 5% VAT will be applied to books and press in print and in electronic publication formats.
Source: lsm.lv
For more information about the VAT rates in Latvia, please click here.
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