The Latvian Ministry of Finance has announced the approval of Draft Regulation No. 97, which implements EU Directive 2021/514 (DAC7) on the mandatory automatic exchange of financial information for digital platform operators. The new regulation includes several measures such as defining relevant terms, establishing due diligence procedures for identifying reportable sellers, and specifying the reporting deadline.
Source GVC
Latest Posts in "Latvia"
- Finance Ministry Names Responsible Parties for Ensuring Reduced VAT Benefits Reach Consumers
- Latvia Parliament Amends Tax Administration Rules on Late Payment Interest
- Latvia to Raise VAT on Russian-Language Publications from 5% to 21%
- VAT Reduction for Bread, Milk, Eggs, and Poultry Planned from July 2026 to June 2027
- Latvian Parliament Considers Bill to Reduce VAT on Medicines and Medical Devices to 5%