News
February 4, 2013
New requirements for VAT invoices
Specific due dates for the issue of invoices have been provided for: 1) An invoice in respect of a transaction carried out in Latvia shall…
February 4, 2013
New criteria for the deduction of VAT input tax
If a taxpayer provides both taxable and non-taxable supplies, the new VAT Act primarily provides for the keeping of separate accounting for the purposes of…