- Latvian State Revenue Service released guidance on VAT for online platform transactions.
- Guidance covers VAT obligations for businesses using online platforms.
- Key topics include:
- Obligations for taxable persons
- VAT rates
- Place of supply rules
- One-Stop-Shop (OSS) availability
- Registration requirements
- Special VAT regime for small businesses
- Guidance clarifies VAT obligations for online transactions and use of existing VAT regimes within the EU.
Source: globalvatcompliance.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.
Latest Posts in "Latvia"
- Latvia Adopts 2026 Budget: VAT Cut on Food, Higher Excise Taxes, Focus on Security and Families
- Latvia Clarifies VAT Exemption Criteria for Business Transfers in Asset Sale Agreements
- Latvia Postpones Mandatory B2B E-Invoicing to 2028, Allowing Businesses More Preparation Time
- Latvia Delays Mandatory B2B eInvoicing to 2028, Voluntary Adoption from 2026
- Latvia Proposes 2026 VAT Reductions for Publications and Essential Food Items
