- Latvian Cabinet opened consultation on draft regulation for mandatory electronic invoicing
- Taxpayers must submit e-invoices to Tax Agency within five working days using approved digital channels
- Defines acceptable delivery methods including electronic addresses, service provider platforms, and agency’s electronic declaration system
- Specifies XML format for e-invoices complying with UBL and PEPPOL standards
- Mandates e-invoicing for government-related transactions starting Jan 1, 2026
- Mandates e-invoicing for B2B transactions starting Jan 1, 2028 with voluntary participation from Jan 1, 2026
- Comments due by June 23
Source: news.bloombergtax.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.
