LV Value-added tax (VAT) Rates Latvia — Value-added tax (VAT)

General VAT Rate Other Rates Local Currency
21% 12%, 0% Euro (EUR)

Latvia's general VAT rate is 21%, with other rates including 12% and 0% that can apply to certain transactions. The Value-added tax (VAT) is administered by the State Revenue Service (http://www.vid.gov.lv) in Riga.

Visitors to Latvia can qualify for a VAT refund on all purchases made for export - learn more about Latvia VAT refunds here.

Latvia has a 12% reduced VAT rate on: education; domestic heating; books and ebooks; public transport
.

Latvia is a member of the European Union (EU) Member State trading bloc, which may affect international VAT collection and regulations.

Latvia's consumption tax is called the Value-added tax (VAT), locally known as Pievienotās vertības nodoklis (PVN), which was introduced in December 1969.


Latvia VAT rates for 2017

Standard
21%
Reduced
12%
Other
Zero-rated and exempt

Latvia VAT number format

Businesses in Latvia that are required to collect tax will be issued an identification number. Tax identification numbers can be verified with the State Revenue Service, and will follow a certain format. The VAT number format is LV12345678901.


Latvia VAT return periods

Businesses in Latvia that are required to collect tax from consumers must file regular tax returns with the State Revenue Service in Riga. Latvia's VAT return periods are:

Monthly, quarterly and semiannually


Latvia Value-added tax (VAT) Thresholds

These are the revenue thresholds at which businesses in Latvia are required to start collecting and remitting tax.

Registration:

Businesses established in Latvia
EUR50,000
Businesses established elsewhere
First taxable supply (specific exemptions apply)
Distance selling
EUR35,000
Intra-Community acquisitions
EUR10,000 (for non-taxable legal and private persons who perform business activities and are registered in Latvia)

Recovery of VAT by non-established businesses

Non-established businesses are small, unincorporated businesses that sell taxable goods and may consist of a single individual, or several. Non-incorporated businesses in Latvia are required to collect taxes from the consumer.


Latvia VAT Refunds

Latvia has a VAT refund program that allows tourists and others to receive a refund of any Latvia VAT paid on goods purchased in Latvia that are being exported from the country.

The minimum purchase amount needed to claim a VAT refund is €44.00 Euros (which would yield a VAT refund of about €9.24). SalesTaxHandbook has detailed information about Latvia's VAT refund program:

Learn More About Latvia VAT Refunds

LV Value-added tax (VAT) Rates Latvia Tax Sources & Citations

  • EN: Latvia Value Added Tax
  • RU: НДС Латвия
  • CN: 拉脱维亚 增值税
Note: This page is intended to be a simple overview of Latvia's consumption tax structure, is provided as-is, and is not legal advice. Please let us know if any of the Latvia tax information on this page is incorrect or out of date.
Citations:
  1. Latvia State Revenue Service (http://www.vid.gov.lv)
  2. Ernst & Young global VAT tax study, Latvia (updated 2017)

  3. ← Back to World VAT Rates
** This Document Provided By SalesTaxHandbook **
Source: http://world.salestaxhandbook.com/lv-latvia