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Commentary

Cash accounting (Latvia)

27 Latvia

A cash accounting scheme is available in Latvia.

Small businesses can use cash accounting if:

  1. Ìý

    •ÌýÌýÌýÌý taxable transactions in the previous tax year did not exceed €100,000; and

  2. Ìý

    •ÌýÌýÌýÌý on the date of VAT registration, the business had no

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