- Virtual Services VAT Rules: New provisions for VAT on virtual event tickets and services.
- Registration Threshold Adjustments: Changes to VAT registration thresholds and related procedures.
- Zero-Rate VAT for Humanitarian Aid: 0% VAT rate for goods supplied to public benefit organizations for humanitarian aid.
- Special Provisions for Diplomatic Missions: Updated VAT exemptions for diplomatic and consular missions.
- Implementation and Compliance Dates: Amendments effective from January 1, 2025, with specific provisions starting July 1, 2025.
Source likumi.lv
Latest Posts in "Latvia"
- VAT Reduction for Bread, Milk, Eggs, and Poultry Planned from July 2026 to June 2027
- Latvian Parliament Considers Bill to Reduce VAT on Medicines and Medical Devices to 5%
- New General Court VAT case – T-614/25 (Trading 4) – Details not yet known
- Latvia’s Fiscalization Journey: Enhancing Tax Transparency and Accountability Since 2014
- Amendments to VAT and Excise Duty Procedures for Diplomatic and International Organizations in Latvia
