VATupdate
Latvia

Share this post on

Latvia Proposes VAT Registration Threshold Increase to €50,000 in 2024

  • Latvia proposes to increase VAT registration threshold for resident businesses from €40,000 to €50,000 from 1st January 2024
  • This is part of Latvia’s draft budget subject to Parliament’s approval
  • Non-resident businesses will continue to have a nil-threshold for registration in Latvia

Source: meridianglobalservices.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news

Advertisements:

  • AXWAY - VATupdate Banner