Latvia Tax Agency Posts Guidance on Application of VAT, Place of Supply Rules

The Latvian State Revenue Service Aug. 23 posted online guidance on the application of VAT and place of supply rules. Topics covered include: 1) the VAT registration requirement for taxpayers engaged in an economic activity; 2) the application of VAT to services rendered and received; 3) the place of supply rules for the services relating to real estate and movable property rental; 4) the application of zero-rated VAT on goods and passenger transport services including handling and storage of goods, subject to specific conditions; 5) the place of supply rules for services relating to vehicle rental, restaurant, and catering; 6) ...