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Latvia Makes Reduced VAT Rate Permanent for Certain Fruits and Vegetables

31 December 2024

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Approved Changes

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Latvia

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.