- Latvian Cabinet of Ministers supports amendments to Accounting Law for e-invoicing regulation
- Effective dates: January 1, 2025 for budget institutions, January 1, 2026 for all companies
- Exclusions for natural persons not engaged in economic activities
- Additional provisions include development of electronic transmission channels and submission of data to State Revenue Service
- Exemptions for transactions involving cashier’s checks, receipts registered with State Revenue Service, and state secrets
Source: globalvatcompliance.com
Click on the logo to visit the website
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"
- Five Convicted in Latvia’s Admiral 2.0 Tax Evasion Case
- European Commission Opposes Further Latvian Reverse Charge for Timber Supplies
- Single Shipment, Multiple Sales: VAT Zero-Rate Rules in Chain Transactions
- No automatic VAT exemption for Latvian triangular transaction, EU court rules
- European Court T-614/25 (Trading 4 v Valsts ieņēmumu dienests) – Judgment – Attribution of a Single Intra-Community Transport in a Triangular Chain Involving Excise Goods















