Recently, there has been a call to debate a proposal as part of the Latvian 2020 budget to further reduce the VAT rate on books from the reduced 12% rate to the super-reduced 5% rate.

This proposal wouldn’t extend to electronic books which are currently taxed at the standard 21% VAT rate.

However, discussions on whether Latvia should take advantage of the Commission’s recently enacted Directive allowing for the harmonisation of VAT rates for electronic and printed publications at the national level, are ongoing.

By |August 15th, 2019|