Starting in 2024, Latvia will gradually raise excise duties on alcohol, tobacco, e-cigarettes and related products as well as some oil products that are used in special economic zones (SEZ) and freeports, according to draft amendments to the Law on Excise Duties.
Source: www.baltictimes.com
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%