Latvia Makes Reduced VAT Rate Permanent for Certain Fruits and Vegetables
Latvia published the Law on Amendments to the Value Added Tax Law in the Official Gazette on 19 December 2024. The Law enters into force on 1 January 2025 and provides that the reduced VAT rate of 12% on qualifying fresh fruits, berries, and vegetables will apply permanently. It was originally proposed that the reduced rate apply until the end of 2028.
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