Latvia Approves 12% VAT Rate on Basic Foods from July 2026

• Latvia’s government approved a reduced VAT rate of 12 percent on basic foods including milk, bread, poultry meat and eggs
• The reduced rate excludes ultra-sterilised milk from the milk category
• The measure will apply from July 1, 2026 to June 30, 2027
• Parliamentary approval is still required before the change can be implemented

Source: meridianglobalservices.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.

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