Latvia Tax Agency Clarifies VAT on Online Purchases of Goods From Outside of EU

The Latvian State Revenue Service Nov. 21 clarified VAT on online purchases of goods from outside the EU. The tax agency clarified that: 1) non-EU sellers registered on the Import One-Stop-Shop (IOSS) can include VAT in the price of goods, payable to the country receiving the shipment; 2) sellers must clearly indicate VAT charged at the time of purchase on their e-commerce platform; 3) only natural persons can purchase goods from e-commerce platforms that use the IOSS regime; and 4) for non-EU sellers not registered for the IOSS, VAT must be paid at the time of customs clearance. [Latvia, State ...