The capital goods scheme applies in Latvia to:
- Ìý
•ÌýÌýÌýÌý immovable property; and
- Ìý
•ÌýÌýÌýÌý fixed assets that cost more than €70,000 to buy or to produce.
Input VAT is deducted when the goods are acquired, and the amount of input VAT depends on the use of the goods and the business's partial exemption VAT recovery position. If a business is partly exempt and uses
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Web page updated on 17 Mar 2025 13:26