- New Reporting Obligations: For the statistical year 2026, businesses in Latvia must adhere to updated Intrastat exemption thresholds to determine their reporting obligations for intra-EU trade.
- Thresholds for Arrivals and Dispatches: The exemption thresholds are set at €350,000 for intra-EU acquisitions (goods arriving in Latvia) and €220,000 for intra-EU supplies (goods dispatched from Latvia).
- Monthly Declarations Required: Businesses exceeding these thresholds are required to submit monthly Intrastat declarations to the Central Statistical Bureau of Latvia.
Source
Latest Posts in "Latvia"
- The method of payment can define the fiscalization obligation in Latvia
- Parliament Adopts 2026 Budget: Reduced VAT on Food, Maintains Lower Rate for Books and Periodicals
- Latvia Sets E-Invoicing Rules: Mandatory Reporting, Channels, and Deadlines from 2026 to 2028
- Latvia Clarifies VAT Simplified Regime Rules for Companies With Minimal Taxable Transactions
- Latvia Establishes Tax and Customs Police to Strengthen Fight Against Financial Crime
