Latvia Parliament Considers Bill to Reduce VAT Rate on Petroleum Products

March 17, 2022, 5:00 AM UTC

The Latvian Parliament (Saeima) March 14 accepted for consideration Bill No. 1385, to reduce the VAT rate to 12 percent from 21 percent on petroleum products. The measure would be valid from April 1 until Dec. 31. [Latvia, Parliament, 03/14/22]

Reference:
View Bill No. 1385. View Index.

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