Latvia Parliament Considers Bill to Amend VAT Law

The Latvian Parliament (Saeima) Oct. 14 accepted for consideration Bill No. 1124, to amend the VAT Law. The bill includes measures to apply a reduced VAT rate of: 1) 5 percent for supplies of books and mass media publications and their subscription fees, regardless of whether the books or publications are printed or digital, subject to conditions; and 2) 12 percent for supplies of specified food products, including fresh fruits, berries, vegetables, bread, milk, poultry, and eggs, from July 1, 2026, to June 30, 2027. The law would enter into force Jan. 1, 2026. [Latvia, Parliament, 10/14/25]

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