- Latvian Parliament is considering a bill to amend the VAT Law.
- A 5% VAT rate would apply to books and mass media publications, both printed and digital.
- A 12% VAT rate would apply to selected food products (fresh fruits, berries, vegetables, bread, milk, poultry, eggs) from July 1, 2026, to June 30, 2027.
- The amendments would take effect on January 1, 2026.
Source: globalvatcompliance.com
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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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