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Latvian Government Approves 12 VAT Rate for Fruits, Vegetables and Berries for One Year

On Tuesday, the 28th of November, Latvian government supported the application of a reduced 12% VAT rate on fruits, vegetables and berries for a period of one year.

The existing 5% VAT rate for fruits and vegetables will remain in force until the 31st of December 2023. From the 1st of January 2024 onward the rate is planned to be set at 21%.

Source: bnn-news.com

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