Published on 2 October 2026, the “Tax News. September 2026” newsletter from Sorainen provides a curated digest of the most significant tax developments in Latvia during September 2026. Authored by a team of six tax specialists, the bulletin covers recent legislative amendments, State Revenue Service (VID) guidance, court rulings, and upcoming compliance deadlines relevant for corporate taxpayers, SMEs, and international groups operating in Latvia. The edition focuses on practical implications of the 2026 tax reform package, VAT compliance updates, transfer pricing enforcement trends, and changes in personal income tax administration.
Key Takeaways
- Legislative & Regulatory Digests: The newsletter summarizes the entry into force of the 2026 tax changes outlined in the January 2026 overview, highlighting transitional rules for the new dividend regime, ThinCap exemptions, and excise duty schedules. It details VID clarifications on the temporary 12% VAT rate for food products, including eligible product lists and invoicing requirements.
- Enforcement & Case Law: Recent court decisions on transfer pricing adjustments, permanent establishment determinations, and VAT deduction rights are analyzed. The newsletter notes increased VID audit activity targeting cross-border service arrangements and hybrid mismatch structures.
- Compliance Calendar: Critical filing deadlines for October–November 2026 are provided, including CIT annual returns, VAT monthly/quarterly declarations, transfer pricing documentation submissions, and the new crypto-asset reporting obligations under DAC8/CARF. Practical checklists help taxpayers prepare for the 2027 reporting season.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement