In addition to the aforementioned changes, rules of VAT return submission and its Annexes have been adjusted.
Read more on our Latvian website.
Amendments to the Latvian VAT act Jul 20
As of 1 July 2016, Latvia has introduced amendments to the VAT Law on special VAT treatment of cereals and industrial crops supplies. Henceforward, consignee will pay VAT on domestic supplies if the transaction will take place between VAT payers in Latvia. The adopted amendments are aimed to reduce VAT fraud in cereals industry.