- Latvian State Revenue Service published information on special VAT regimes
- Topics covered include definition of e-commerce, VAT regimes for distance sales, VAT regimes for goods imported for distance sales, VAT regimes for distance sales of imported goods valued up to 150 euros
- Guidance includes examples of special VAT regime for distance sales of goods
- Taxpayers required to register under special VAT regime
- Guidance also includes information on determining place of supply for goods and deadline for transaction declarations
Source: news.bloombergtax.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.
Latest Posts in "Latvia"
- Latvia Approves 12% VAT Rate on Basic Foods from July 2026
- Latvia Government Approves 12% VAT Cut on Basic Foods Starting July 2026
- Latvia Enforces Strict Penalties for Non-Compliance with Fiscalization Rules
- Finance Ministry Names Responsible Parties for Ensuring Reduced VAT Benefits Reach Consumers
- Latvia Parliament Amends Tax Administration Rules on Late Payment Interest