- The reduced VAT rate of 5% applies to books, educational literature, brochures, children’s picture and coloring books, sheet music, maps, and similar publications, both in print and electronic formats, in specified languages.
- The reduced VAT rate of 5% also applies to press and mass media publications, including newspapers, magazines, bulletins, and online publications, in specified languages.
- The reduced VAT rate of 12% applies to fresh fruits, berries, vegetables, and certain food products like bread, milk, poultry, and eggs, as specified in the law’s annexes.
- The 12% VAT rate for bread, milk, poultry, and eggs is applicable from July 1, 2026, to June 30, 2027.
- The law’s annexes are updated to specify which products qualify for the reduced VAT rates and any exceptions.
Source: likumi.lv
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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