The Law on Taxes and Duties, adopted on 2 February 1995, determines Latvia’s general taxation principles. This law is applicable generally, unless specific tax laws, such as the Law on Value Added Tax, Law on Corporate Income Tax or any other provide for different rules. If there is a conflict between general principles and specific rules, the specific rules prevail.

According to the Law on Taxes and Duties, duties are imposed either by the State or the municipality. The State is entitled to impose duties on a number of different items. These include vehicles, court applications, notary applications, gambling, changes of identification data, reservation of land in rural areas, transactions with vouchers and bills of exchange, immigration services, business licences/permits, registration of security interests, applications for patents, trademarks or plant protection certificates.

The State taxes are:

1. Personal income tax
2. Social security contributions
3. Real estate tax, including stamp duty
4. Corporate income tax, including withholding taxes
5. Value added tax
6. Excise tax
7. Natural resource tax
8. Motorcycle and motor car tax
9. Gambling and lottery tax
10. Customs duties
11. Energy tax
12. Micro-enterprise tax
13. Vehicle operation tax
14. Company car tax 

More information about tax rates at State Revenue Service (SRS) website here.


Tax payers

Latvian personal income tax payers are Latvian tax residents and non-residents for tax purposes.

Pursuant to Latvian legislation, persons are considered to be residents of Latvia for tax purposes, if:

  • Their permanent place of residence is Latvia or
  • They reside in Latvia for 183 days or longer in any given 12-month period commencing or finishing during a taxation year or
  • They are citizens of the Republic of Latvia employed abroad by the Latvian government

Tax object

The general principle followed within taxation of private individuals is that Latvian tax residents are taxed on their worldwide income, but Latvian non-residents for tax purposes are taxed on their Latvian sourced income, i.e. income attributable to Latvia:

  • Employment income
  • Income from independent professional services
  • Directors’ fees
  • Interest income, except interest from Latvian, EU, EEA or municipality debentures
  • Dividends
  • Income from payments for intellectual property
  • Income from sale of metal scrap
  • Other income forms listed in the Law on Personal Income Tax

The taxable object of Latvian tax resident shall be all types of income, unless they are specifically defined as non-taxable.

Income from capital other than capital gains (taxable items are dividends, interest income and similar income, income from investment in private pension funds, income from life insurance contracts, investment gold and other precious metals, transaction units in the currency exchange market or commodity exchange market) and capital gains (taxable income is determined as asset-disposal price minus asset-acquisition price or liquidation quota minus investment value) are also subject to PIT in Latvia.

Tax rates

General tax rates are as follows:

  • For annually taxed income and salary income: 23 %
  • For income from capital other than capital gains: 10 %
  • For income from capital gains: 15 %

Application of international agreements

If a Convention for the avoidance of double taxation and the prevention of fiscal evasion exists, the amount of income tax payable in Latvia may be reduced by the amount of income tax paid in the foreign state, provided that the respective tax payment has been certified by a foreign tax-collection institution.

Non- taxable income

Income tax is not applied to:

  • Insurance indemnities received from insurance companies
  • Other income listed in the Law on Personal Income Tax

Income received as salary

Private individuals employed by Latvian-registered enterprises and by enterprises non-resident in Latvia are subject to the standard income tax rate of 23 %. Salary includes all income related to labour relations, including fringe benefits, bonuses and other benefits provided by the employer.
Employers shall withhold income tax from employees’ salaries.

Expenses deductible from personal income

The following expenses are deductible for PIT purposes:

  • The amount of SSC paid in Latvia and other EU countries
  • Monthly non-taxable minimum EUR 75 for employees and EUR 165 for each of their dependants
  • Expenses for medical treatment, vocational training and obtaining education
  • Health insurance premium contributions to insurance companies
  • Authors’ expenses
  • Contributions to Latvian private pension funds or other private pension funds registered in other EU Member States or EEA countries which do not exceed 10 % of a person’s annual taxable income
  • Other deductible expenses listed in the Law on Personal Income Tax

Non-residents who are residents of other EU Member States or residents of EEA countries who have derived at least 75 % of their total income in the taxation year in Latvia, are entitled to apply the same eligible expenditure as residents of Latvia.

Income from property sales

Income from the sale of real estate is not taxable if ownership of the real estate has continued for more than 60 months and the real estate was the person’s primary declared place of residence for at least 12 months before the date the sales agreement was concluded.

Individual activity

The income of individuals engaged in self-employed activities is subject to income tax at a rate of 25 %. For the purpose of determining income tax on self-employment income, taxable income consists of gross income less eligible expenses.

Tax payers who have registered as performers of economic activities, who do not have employees and who are not engaged in provision of professional services (e.g. scientific and literary activity, the activity of a lecturer, actor, producer, doctor, sworn advocate, sworn auditor, sworn land surveyor, sworn assessor, artist, composer, musician, consultant, engineer, sworn bailiff, accountant or architect), may choose to pay fixed income tax at a rate of 5 % of the total income if their total income does not exceed EUR 14 229.

Self-employed persons performing certain economic activities (e.g. preparation of craft products, beauty services, home care services) have the option to pay a monthly patent fee (combined PIT and SSC payment) in the range EUR 43 to EUR 100.

Income of hired personnel

The definition of “income of hired personnel” as well as taxation of such income is introduced in the Law on Personal Income Tax. According to the rules the lessee of personnel shall be responsible for application of PIT and SSC from the income of hired personnel.

The sending of the personnel of a lessor of the personnel who is not a resident of Latvia or a permanent representation of a non-resident in Latvia, in exchange for remuneration to the resident of Latvia or the permanent representation of the non-resident in Latvia so that this personnel might perform activities in connection with the economic or professional activities of the lessor of personnel in Latvia or in foreign states is considered as the hiring of personnel if at least one of the following criterions is met:

  • The lessee of the personnel is responsible for the joint management and supervision of the work or the work results
  • The lessee of the personnel determines the number and qualification of the personnel
  • The integration of the personnel in the undertaking of the lessee of the personnel
  • Remuneration for the hiring of the personnel is calculated depending on the working time of the hired personnel, the work performed or other relations between the remuneration of the lessor of the personnel and the work remuneration of personnel
  • The lessee of the personnel provides the personnel with the largest part of basic materials, work equipment and materials.

Tax returns and terms

Annual income tax declarations for the preceding year shall be submitted in the time period from 1 March until 1 June of the current year for PIT payers who, during the taxable period (calendar year), have received:

  • Income from economic activities
  • Income from activities performed abroad
  • Non-taxable income that exceeds four times the annual non-taxable minimum specified for the taxation year EUR 3000.

Declarations are prepared on a self-assessment basis and may be audited up to three years after the tax became payable.


The employer deducts 10.5 % from the employee’s gross salary as the SSC payable by the employee. The employer must also pay SSC equal to 23.59 % (The total standard rate of the SSC is 34.09 %).

A different social security payment scheme is applied for persons who are entitled to a State old-age pension, receive a service pension or State special pension as a disabled person, are self-employed as well as have other specific statuses.

Foreign employers not registered in Latvia but having employees working in accordance with employment agreements in Latvia, who are subject to social security in Latvia, must register as employers in Latvia for SSC purposes and pay SSC accordingly. With respect to EU citizens, A1 certificates are applicable.


Tax payers

Real estate tax is paid by individuals, legal entities and non-residents that own or hold Latvian real estate, including land and engineering constructions.

Tax rate

The standard real estate tax rate for buildings, land and engineering constructions is 1.5 % of the cadastral value. The real estate tax rate for residential houses and apartments not used to conduct business activities varies from 0.2 % to 0.6 % depending on the cadastral value of the real estate. Additional 1.5 % real estate tax is levied on uncultivated agricultural land. 3 % real estate tax is levied on buildings degrading the environment and on human security-threatening houses or buildings. The taxation period is a calendar year.

Tax exemptions

Some types of real estate are exempt from real estate tax. For instance, exemptions apply to:

  • Buildings which are utilised only for agricultural production
  • Buildings erected or reconstructed for the performance of economic activities for one year, counting from the next month after their commissioning
  • Buildings or the parts thereof, which are utilised for educational, health, social care or cultural purposes (except cinemas and video libraries)
  • Residential auxiliary buildings, auxiliary buildings with area less than 25 m2, excluding the garage
  • Other buildings specified by the Law on Real Estate Tax


Every registration of title rights with the Land Register resulting from the sale/transfer of property is subject to stamp duty. The amount of stamp duty depends on the type of transfer. For the transfer of property to:

  • Relatives – 0.5 % of the value of real estate
  • Other natural and legal persons – 2 % of the value of real estate, but not more than EUR 42 686
  • Other natural and legal persons as a gift – 3 % of the value of real estate

With respect to the investment of real estate into the charter capital of companies, stamp duty in the amount of 1 % of the value of the real estate investment shall be paid.


Tax payers

Latvian corporate income tax payers are:

  • Latvian companies which are subject to corporate income tax on their worldwide income.
  • Non-resident companies without a permanent establishment in Latvia which are subject to corporate income tax on their Latvian-sourced income.
  • Non-resident companies operating through a permanent establishment in Latvia which are subject to corporate income tax on income derived by the permanent establishment in Latvia, as well as income independently derived abroad by the permanent establishment.

Tax rate

Companies are subject to income tax at a rate of 15 %.

Capital gains

For resident companies and non-resident companies operating through a permanent establishment in Latvia, capital gains are included in their taxable income.

For non-resident companies without a permanent establishment in Latvia, the final withholding tax is imposed on proceeds received from the sale of Latvian real estate or from sale of shares in the company if, in the taxation period of the sale or the taxation period prior to the sale, 50 % or more of the company’s assets consist of real estate located in Latvia. The rate of withholding tax is 2 % of gross proceeds from the sale of Latvian real estate or from sale of company shares.


The taxable income of a Latvian company receiving dividends is decreased by the amount of dividends received from EU and EEA country residents. The taxable income of a Latvian company receiving dividends is decreased by the amount of dividends received from other non-residents if the Latvian company owns at least 25 % of the capital and voting rights in the company paying the dividends, however, this provision is not applicable if the company paying the dividend is located in a state or territory which according to Cabinet regulations, is considered to be a low-tax or no-tax state or territory.

Starting from 2013 dividends paid out of resident profits being taxed under the Law on Corporate Income Tax shall not be included in the taxable income of a resident recipient company. The said exemption shall not be applied if the payer is a company benefiting from a tax holiday.


The tax year is either the calendar year or may differ from the calendar year if so stipulated by a company’s charter. That is, the tax year corresponds with the financial year of the company. Generally, the tax year for corporate income tax purposes may not exceed 12 months. However, in the year of incorporation the tax year may last less or more than 12 months, but not more than 18 months.
The annual income declaration must be filed within 30 days of the annual shareholders’ meeting, but not later than four months after the year‘s end. Companies must pay tax advances by the 15th day of each month.


Taxable income

Taxable income is the income reported in a company’s profit and loss statements, prepared in accordance with the Latvian accounting law and subject to certain adjustments specified in the Law on Corporate Income Tax.

Depreciation for tax purposes

Tax depreciation is calculated applying the declining balance method. See section Tax Incentives for information regarding depreciation rates for corporate income tax purposes.

Groups of companies

Relief for losses within a group of companies may be utilised by tax group companies. The parent company can be either a Latvian resident or a resident of an EEA country or country with which Latvia has concluded a double tax treaty, which, on the basis of an effective double tax treaty, is not also recognised as a resident of another state. To qualify for group relief, the parent must own directly or indirectly at least 90% of the subsidiary’s capital rights and the parent-subsidiary relationship must exist for the entire fiscal year.

Foreign tax relief

Corporate income tax may be reduced by the amount of income tax paid in foreign countries. The reduction may not exceed an amount equal to the tax calculated in Latvia on the income gained abroad. Such paid tax in foreign countries should be confirmed by a foreign tax-collection authority.

Notional interest

When determining the taxable income of a taxpayer, profit may be decreased by the amount of notional interest calculated as a multiple of retained earnings of the previous taxation periods which start after 31 December 2008 and the interest rate determined by the Bank of Latvia in the previous taxation period for loans issued to domestic companies.

Special rules for permanent establishments

Permanent establishments of non-resident companies may not deduct interest, royalties, rent and payments for any services that are paid to the head office.

The taxable income of permanent establishments may be reduced by a part of the acquisition cost of intellectual property, interest and administration costs borne by the parent company, if the said expenses are effectively connected with the permanent establishment.

Expenses for the acquisition of intellectual property, interest and administration costs that are deductible are subject to the appropriate withholding taxes.


Thin capitalisation rules on interest

No limits exist with respect to the amount of loans received by a company. However, thin capitalisation rules are applicable with respect to the deductibility of interest payments.

For corporate income tax purposes, companies may not deduct interest expenses incurred from payments to Latvian residents and non-residents that exceed the lower of the following two amounts:

  • An amount equal to the average amount of liabilities multiplied by 1.2 and the average short-term interest rate determined by the Central Statistics Bureau in credit institutions as of the last month of the tax year
  • The actual amount of interest divided by a coefficient, which in turn consists of ¼ of the average liabilities multiplied by the difference between equity and long-term reserves (including similar reserves, which have not resulted from profit distributions)

Thin capitalisation rules do not apply to interest payments for loans from credit institutions and insurance companies of EU/EEA/double tax treaty states and to EU/EEA publicly traded debt securities and from the Treasury of the Republic of Latvia, the Nordic Investment Bank, the European Bank for Reconstruction and Development, the European Investment Bank, the Council of Europe Development Bank and from the World Bank group.

Transfer pricing rules

Latvian legislation provides for an arm’s length principle to be followed in all transactions between related parties. The SRS may redefine the value of transactions between related parties and recalculate the tax base if it has grounds to suspect tax evasion.

Methods such as comparable uncontrolled prices, resale prices, cost plus, profit split or the transactional net margin method may be used to assess market prices in transactions between related parties.

The generally accepted practice on transfer pricing issues is based on OECD transfer-pricing guidelines.

Provisionally detailed transfer pricing rules will come effective in the middle of 2012.


Taxable activities

VAT shall be charged on:

  • Supply of goods and services for consideration, including self-consumption
  • Import of goods
  • Intra-Community acquisition of goods
  • Intra-Community acquisition of new means of transport performed by non-taxable persons

Tax rates

VAT rates applicable in Latvia are 21 %, 12 % or 0 %.

A reduced rate of 12% applies to certain services and goods such as certain medicines and medical equipment, infant food, domestic public transport, supplies of domestic heating and natural gas, books, magazines and newspapers.

VAT at zero rate is applied to the export of goods and to intra-Community supplies, international passenger traffic, supplies of goods and services under diplomatic and consular arrangements etc.


In addition, the Law on Value Added Tax provides a list for groups of supplies and services, which are exempted from the VAT (e.g.  fees for children attending pre-school institutions, medical services and services connected with medicine etc.)

VAT deductions

Businesses are entitled to deduct input VAT on goods and services received to ensure the taxable transactions of the respective person provided they are registered as VAT taxable persons in Latvia. Retrospective registration is not allowed in Latvia.

Deducted input VAT for acquired real estate or fixed assets with value over EUR 71 144 must be annually adjusted over a ten-year period (for real estate) or five-year period (for fixed assets whose value exceeds EUR 71 144) considering the intended usage proportion of the real estate or fixed asset.

VAT refund to residents

If the amount of input VAT exceeds output VAT, the SRS, after receiving the taxpayer’s VAT return, automatically examines, accepts and carries forward overpaid VAT to the next taxation period, first covering VAT and other tax debts. After the end of taxation year, the SRS repays the overpaid VAT into a bank account nominated by the taxpayer.

Taxable persons are entitled to claim back overpaid VAT before the end of the respective taxation year if certain conditions specified in the Law on Value Added Tax are met.

VAT refunds to foreign taxpayers

Generally, taxpayers from other countries making no taxable supplies in Latvia may claim the refund of VAT paid in Latvia under requirements equivalent to EU Council Directives 2008/9/EC and 86/560/EEC. VAT refunds on VAT paid for goods acquired and services received in Latvia and import of goods to ensure their taxable transactions in the EU can be claimed by tax payers that do not carry out any business activities in Latvia and are registered in another EU country or in a country outside Latvia, if in the respective state a tax similar to VAT is applied in accordance with the reciprocity principle.

VAT Registration

Persons registered in Latvia whose supplied goods and services during a 12-month period exceeds EUR 50 000 are liable to register as VAT payers. The said total value of supplied goods and services does not include the value of supplied capital and intangible assets if such supply has been carried out once in 12 months. However, companies are allowed to register as VAT taxable persons and further to apply VAT on supplies performed before the respective threshold is met. Moreover, non-taxable legal and natural persons registered in Latvia who carry out economic activities shall be liable to register as VAT taxable persons in Latvia if they perform intra-Community acquisition of goods or provide services and the total value of the transactions exceeds EUR 10 000 during the year.

The Law on Value Added Tax provides special registration requirements for persons registered in other EU Member States where such persons carry out certain activities in Latvia:

  • If a person registered in another EU Member State supplies goods inland (in Latvia) that are subject to excise duty in Latvia to a non-taxable person
  • If a taxable person registered in another EU Member State performs distance sale of goods in the territory of the EU and the goods are received in Latvia, and the total amount of such supply of goods without taxes in the current calendar year reaches or exceeds EUR 35 000
  • If a person registered in another EU Member State supplies goods to a non-taxable person and such goods are assembled or constructed inland (in Latvia)
  • A person registered in another EU Member State who domestically carries out intra-Community acquisition of goods or supply of goods
  • If another EU Member State person supplies goods or provides services in Latvia which are taxable and according to the Law on Value Added Tax this person is liable for payment of tax into the State budget

VAT group

VAT group is considered to be a taxable person. A VAT group is a group of two or more legal entities which is established on the basis of a VAT-group foundation agreement in order to carry out inter-group transactions, which meets the criteria defined in the Law on Value Added Tax, and which is registered in the Register of VAT Taxable Persons.

Fiscal representative

Starting from 2011 the fiscal representative concept is introduced for the persons registered for VAT purposes in other EU Member State or outside the EU. Fiscal representatives are allowed to represent the authorizer for several types of activities prescribed by the Law on Value Added Tax.


The Law on Value Added Tax provides for differentiated procedures for submitting VAT returns depending on the amount and type of taxable transactions during the pre-assessment year.

VAT report-filing deadlines
Filing requirements
Filing date
VAT return together with annexes
For newly established enterprises and or if amount of taxable transactions is less than EUR 14 220 and the person does not perform transactions the place of supply of which is in another EU Member State
15th of the following month or 20th of the following month if the VAT return is submitted electronically
Amount of taxable transactions is EUR 14 220 to EUR 50 000 and the person does not perform transactions the place of supply of which is in another EU Member State
Amount of taxable transactions exceeds EUR 50 000 or the person performs transactions the place of supply of which is in another EU Member State.
10th of the following month

VAT due must be paid into the State budget on a monthly basis by the 20th day of the following month. In certain cases the annual VAT return for the preceding year shall also be submitted.


Taxable income

According to the Law on Excise Duties the following products are subject to excise tax:

  • Alcoholic beverages
  • Tobacco products
  • Oil products
  • Soft drinks
  • Coffee
  • Natural gas

Tax payers

Excise taxpayers are:

  • Importers
  • Approved warehouse keepers according to the provisions of the Law on Excise Duties
  • Registered traders, registered receivers, temporarily registered receivers or contracting traders in cases stated in the Law on Excise Tax
  • Persons, who import goods into Latvia or receive excise goods from other EU Member States, where the goods have already been released into free circulation
  • Persons who import non-alcoholic beverages, coffee or natural gas into Latvia
  • Other persons according to the provisions of the Law on Excise Tax

Several exemptions from excise tax are available.


Generally, the taxable period for excise tax is one month.


Tax payers

According to the Natural Resources Tax Law, taxable persons are:

1. Individuals or legal entities that have obtained or are obliged to obtain a special permit and who are, in the territory of Latvia or its continental shelf:

  • Extracting certain natural resources
  • Selling taxable natural resources extracted in an economic activity not related to the extraction of mineral resources from subterranean depths
  • Utilising the useful properties of subterranean depths by pumping of natural gas or greenhouse gases into geological structures
  • Emitting taxable polluting substances into the environment or burying waste
  • Emitting greenhouse gases into the environment from stationary technological installations in which certain polluting activities are performed.

2. Persons who first, in Latvia:

  • Sell goods harmful to the environment or goods in packaging or coal, coke and lignite (brown coal) as well as enclose goods in packaging for the convenience of buyers or promotional purposes
  • Use goods harmful to the environment to ensure their economic activities, except goods harmful to the environment that are taxable upon sale
  • Upon provision of a service, attach packaging to the product, and this packaging reaches the recipient of the service in the provision of the service
  • Use coal, coke and lignite (brown coal) to ensure their economic activities, except coal, coke and lignite (brown coal) that is taxable upon sale

3. Persons who, in Latvia, sell either in public catering or retail, disposable tableware and accessories manufactured from plastic (polymers), paper, cardboard, composite materials thereof (laminates) with polymer or metal components, metal foil, wood or other natural fibres;

4. Persons, who use radioactive substances in their activities, as a result of which radioactive waste is created, which it is necessary to store or to dispose of in Latvia;

5. Persons, who register certain vehicles permanently for the first time in Latvia.

Tax relief

Legislation provides for natural resource tax incentives for companies engaged in activities intended to reduce environmental pollution and the consumption of natural resources. Certain provisions of the Natural Resources Tax Law define the requirements to be met in order to obtain tax relief.


Individuals or legal entities on whose behalf cars or motorcycles are registered in Latvia are liable for the tax on motorcycles and motor cars. For cars and motorcycles which were initially registered abroad after 1 January 2009, the applicable tax rate depends on the amount of carbon dioxide generated by the vehicles. Motorcycle and car tax must be paid for cars or motorcycles which are going to be registered in Latvia for the first time, including cases when the specific rules giving rights to exemptions from car and motorcycle tax are not complied with.


Gambling and lottery tax is levied on business entities that have obtained gambling licences. The annual licence fee per company is from EUR 14 230 to EUR 427 000 depending on the type of gambling activity. Gambling tax is payable annually for each gambling facility or gambling machine. For example, roulette tables are subject to EUR 17 280 gambling tax; totalisator games are subject to 15 % tax on revenue; each slot machine – EUR 3 142, each bingo venue is subject to 10 % tax on revenue.

Lottery tax is imposed on the sale of lottery tickets at the rate of 10 % of revenue. Revenue from the sale of instant lottery tickets is subject to 10 % tax.


A micro-company tax payer may be a self-employed person or a limited liability company that meets the following criteria:

  • The shareholders are individuals (in case of a limited liability company)
  • Turnover in a calendar year does not exceed EUR 100 000
  • The number of employees at any time does not exceed five

Micro-company tax is charged at a rate of 9% (from 4th year – 12%), which covers social security contributions, personal income tax and business risk duty for employees, corporate income tax if the micro-company tax payer is a limited liability company.

The maximum remuneration per employee (including the owner) is EUR 720 a month. In case the mentioned salary threshold is excessed or other criteria are not met, additional tax burden might be applied or the tax payer’s status will be changed either to payer of regular PIT or CIT (in case of limited liability company).


The vehicle operation tax is payable by a legal entity owning, possessing or managing a vehicle registered or to be registered in Latvia, or to the owned, possessed or managed vehicle of which the transit registration plates have been issued in Latvia.

The vehicle operation tax is determined on the basis of the type and weight of the vehicle, its registration year and engine size.

The vehicle operation tax is payable per each calendar year.


The company car tax is payable for cars owned or held by a legal entity being assigned a registration number with the Commercial Register of Latvia.

The company car tax shall be payable for vehicle, which have been registered for the first time after 1 January 2005 and for which information regarding the engine capacity is contained in the vehicle registration certificate, in the following amounts:

  • Up to 2000 cm3 – EUR 21 per month
  • Between 2001 cm3 and 2500 cm3 – EUR 34 per month
  • Above 2500 cm3 – EUR 51 – EUR 277 per month

The company car tax is payable per those months when the motor car has been registered as owned or held by the legal entity.

If the company car is used solely for company’s business purposes and this fact is approved by a GPS route list, the company might claim the refund of the particular tax.


The penalties for incorrect calculation and/or payment of taxes are as follows:

  • Unpaid taxes are subject to a late-payment fee of 0.05% per day not paid. The calculation of late payment penalties shall cease when the total reaches the amount of the initial debt
  • Where tax has not been declared, the amount of tax penalties depends on the proportion of the value to the State Budget. For example, where the non-declared amount of tax does not exceed 15% of the total amount of tax due, then the penalty shall be in the amount of 30% of the tax not paid
  • Should the taxable person accept the additional tax calculated and pay the tax due into the State Budget within 30 days of the of tax audit decision being received, the penalty shall be reduced to 15% of the initial tax debt

Decisions of the tax authorities may be appealed with the Director of the SRS within 30 days of the date the decision was received.

Additional information at:
State Revenue Service:
Ministry of Finance of the Republic of Latvia: