On 1 January 2021 new tax laws, including new VAT rules and amendments to the existing tax laws entered into force in Latvia. The most important changes include the introduction of a unified tax account for all regular domestic taxes, new payment deadlines, extended temporary reduction of VAT rates for certain fruit, berries, vegetables and COVID-19 vaccines and new VAT rules for e-commerce. 

 

Author our senior associate Kristīne Erele.

The article is available here.