- Ministry of Finance in Latvia unveils strategy for mandatory e-Invoicing for B2B transactions
- Aim is to combat black market economy and streamline business transactions
- Strategy includes obligatory creation and exchange of structured electronic invoices
- Features of e-Invoicing system include real-time reporting capabilities
- Implementation timeline set for December 30, 2025
- Potential impact on businesses includes streamlining operations, reducing administrative burdens, and improving compliance with tax regulations
- Strategy aims to promote efficiency, transparency, and compliance in business transactions in Latvia
Source: rtcsuite.com
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- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE
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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