- Amendments Overview: The Latvian Value Added Tax Law has been amended, including the deletion of Paragraph 30 from the Transitional Provisions and a revised title for the Annex specifying that “Fruit, berries and vegetables” are subject to a reduced duty rate.
- Effective Date: These amendments to the VAT law will come into effect on January 1, 2025.
- Legislative Approval: The amendments were adopted by the Saeima on December 4, 2024, and officially endorsed by President E. Rinkēvičs on December 19, 2024.
Sources
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