- Latvian Parliament is considering a bill to amend the VAT Law.
- A 5% VAT rate would apply to books and mass media publications, both printed and digital.
- A 12% VAT rate would apply to selected food products (fresh fruits, berries, vegetables, bread, milk, poultry, eggs) from July 1, 2026, to June 30, 2027.
- The amendments would take effect on January 1, 2026.
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.
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