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‘VAT gap’ continues to narrow in Latvia

The EC rapid assessment of VAT for 2021 shows that the VAT gap in Latvia continued its decreasing trend last year, although not at such a fast pace as previously, decreasing by another 0.2 percentage points. The rapid assessment follows a simplified methodology, but allows for an initial assessment for the year prior to the year of full publication of the report.

Source: lsm.lv

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