- Use of certified fiscal devices is mandatory with registration and certification at the State Revenue Service
- Receipt layouts and elements are strictly defined with mandatory issuance of various types of receipts
- Cash and similar payments must be fiscalized with defined limits and regulations for vouchers and cash management
- Rules exist for broken POS scenarios and limited use of manual receipt books
- Data archiving through fiscal memory and backups is mandatory with penalties for non-compliance
Source: fiscal-requirements.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"
- Finance Ministry Names Responsible Parties for Ensuring Reduced VAT Benefits Reach Consumers
- Latvia Parliament Amends Tax Administration Rules on Late Payment Interest
- Latvia to Raise VAT on Russian-Language Publications from 5% to 21%
- 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%
