11 January 2018 Latvia amends VAT law as of January 1, 2018 Latvia has introduced a number of changes to its Value Added Tax (VAT) law, effective January 1,2018. The changes include: (i) reduction of threshold for reporting VAT transactions; (ii) extension of the domestic reverse charge regime; and (iii) application of reduced VAT rate of 5% on supplies of vegetables, fruits and berries. Document ID: 2018-0070 |
