As of 01.01.2026, amendments to the Law on Taxes and Duties will come into force. Their purpose is to simplify transfer pricing documentation requirements and reduce the administrative burden on taxpayers. The amendments relate to transactions conducted from the reporting year 2025 onwards.
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Webinar: Transfer Pricing Changes in Latvia: What Companies Need to Know for 2025–2026
Transfer Pricing
Tax changes in Estonia, Latvia, and Lithuania in 2026
Tax
In 2026, significant tax changes come into effect across the Baltic States. This overview highlights the main updates in Latvia, Lithuania and Estonia – from income tax and VAT to social contributions and excise duties – helping businesses plan their tax obligations effectively.
Planned Latvian tax changes as of 2026
Tax advisory
Discover the Upcoming Tax Changes in Latvia for 2026 and Be Ready for the Year Ahead!
Changes in taxation, effective as of 1 January, 2022
Tax
Changes in taxation, effective as of 1 January, 2022
Thin-capitalization rules are Abolished in 2021 and 2022
Tax
Thin-capitalization rules are Abolished in 2021 and 2022