Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

Latvian Agriculture Minister Krauze plans to fight for reduced VAT on food

Agriculture Minister Armands Krauze has promised to fight for the reduced value-added tax rate not only for fruit and vegetables, which will be reimposed at the full 21% rate next year after five years of a reduced rate, but also for other foods.

According to Krauze, during the previous government, ministries were advancing their priorities, and after the government's approval on September 15, he was “put in front of the fact” that the 5% VAT rate on fruit and vegetables was no longer budgeted for next year.

“Then I would have to fight not to keep [the reduced rate] but to redefine it anew,” Krauze said. He said the reduced VAT rate on fruit and vegetables and other food products is a goal he will also talk about in the Working Group on tax changes, it will be a priority for him and the ZZS.


Source: eng.lsm.lv

Publication date: