Latvia introduced Value Added Tax (VAT) in 1995. The rules on Latvian VAT compliance are based on EU VAT directives, as the country is a member of the European Union.
The tax is administered by the State Revenue Service which is part of the Latvian Ministry of Finance. This in-depth VAT Guide outlines:
– What is the Standard VAT Rate in Latvia?
– Requirements to Register for VAT
– Deadlines and VAT Filing Frequency
– Invoicing Requirements for Latvia
– Agents and Fiscal Representatives
– IOSS
– Intrastat
– New VAT rules on eCommerce
– Recent VAT Updates in Latvia
Take a look at the Latvia VAT Guide for further insights on the above and more!
Source: taxbackinternational.com
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