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Latvia lost EUR 237 million in VAT revenues in 2019

Latvia recorded a value added tax (VAT) gap of 8.3 percent, or EUR 237 million, in 2019, while Estonia’s VAT gap was 4.5 percent, or EUR 116 million, and Lithuania’s VAT gap was 21.4 percent, or EUR 1.048 billion, the European Commission said in its latest Report on the VAT Gap.

Source: baltictimes.com

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