Latvia Tax Agency Updates Guidance on Special VAT Regimes for Electronic Communication, Broadcasting, Media Services

The Latvian State Revenue Service Feb. 11 updated guidance on special VAT regimes for electronic communication, broadcasting, and media services, effective July 1, 2021. The guidance includes: 1) place of supply rules; 2) a list of services allowed under the special regime, with examples; 3) the requirement for taxpayers to register under the special VAT regime; 4) the determination of the taxation period and the deadline for transaction declarations; 5) the VAT declaration correction process; and 6) VAT refunds on domestically purchased goods and services. [Latvia, State Revenue Service, 02/11/22]

Reference:
View Updated Guidance. View Index.