- 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"
- Latvia Sets E-Invoicing Channels and Reporting Rules for 2026 Implementation
- Latvia Defines E-Invoicing Channels and Mandatory SRS Reporting Rules
- Latvia to Cut VAT on Books, Media, and Essential Foods from January 2026
- Excise Duty Law: Significant Increases and New Regulations for Alcoholic Beverages, Tobacco, and Soft Drinks
- Latvia Amends VAT Law: Reduced Rates for Books, Media, and Food Effective January 2026
