- Latvia has introduced mandatory electronic invoicing (e-invoicing) requirements
- The Law on Amendments to the Accounting Law has been published in the Official Gazette
- The amendments specify the format and standards for structured electronic invoices
- Budget institutions and certain government agencies are required to issue structured electronic invoices
- Transition provisions state that the obligation to issue structured electronic invoices will apply from January 1, 2026
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.
Latest Posts in "Latvia"
- Latvia Enforces Strict Penalties for Non-Compliance with Fiscalization Rules
- Finance Ministry Names Responsible Parties for Ensuring Reduced VAT Benefits Reach Consumers
- Latvia Parliament Amends Tax Administration Rules on Late Payment Interest
- Latvia to Raise VAT on Russian-Language Publications from 5% to 21%
- VAT Reduction for Bread, Milk, Eggs, and Poultry Planned from July 2026 to June 2027