- Latvia plans to reduce VAT to 12% for selected food items (bread, fresh milk, fresh chilled poultry, eggs) from 1 July 2026 to 30 June 2027.
- A 5% reduced VAT rate will apply to publications in specific languages starting 1 January 2026.
- The reduced VAT for publications covers books, newspapers, and other materials in Latvian, Latgalian, Livonian, and official languages of the EU, EEA, Switzerland, EU candidate countries, and OECD member states.
- These changes are part of Latvia’s 2026 state budget, approved on 14 October 2025.
Source: regfollower.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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