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Latvia Tax Agency Provides Guidance on Taxation of Digital Currency Transactions

  • Latvia Tax Agency has posted guidance on the taxation of digital currency transactions
  • The guidance covers topics such as the legal status of digital currencies, risks associated with trading, accounting standards, VAT applicability, and FAQs and examples.

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.

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