RIGA - As part of the forthcoming tax changes, several ministries have proposed applying a reduced value added tax rate to medicines, certain food products, restaurants and newspapers, according to ministries' proposals for changing tax policy guidelines for 2021-2025.
This is an initial proposal that may change during discussions with the social partners.
The government's action plan stipulates that the Finance Ministry has to develop medium-term guidelines for national tax policy by May 31. The purpose is to support improvement of people's...
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