Latvia VAT return changes for reverse charge

30 August 2011

The Latvian VAT return is set to change from 1 October 2011 to incorporate changes to the reverse charge compliance rules.

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New lines will be added for the declaration of transactions on scrap metal and similar supplies.  There are also new lines for the reporting of trade on second hand cars and similar services.  This will include purchases and the trade of imported passenger vehicles.

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