Latvian EC Sales Lists (ESL)
Latvian VAT registered resident and non-resident businesses selling goods or services to other VAT registered companies in Europe may be required to submit an EC Sales List (ESL). These may also be known as recapitulative statements. The ESL should be submitted as attachment “PVN2” with the monthly VAT return and contains information relating to the total amount of goods or services supplied to customers in other Member States. This is in addition Latvian Intrastat.
When do Latvian EU Sales List reports have to be completed?
If a Latvian VAT registered business completes an intra-community supply, a sale to another EU VAT registered business of goods or services across the Latvian border, then this may have to be reported in the ESL. There is no reporting threshold.
National Recapitulative Statement
Latvia requires a recapitulative statement to be submitted with the monthly or quarterly VAT return. Form PVN1 should be completed detailing supply or receipt of goods over a value of EUR1,430 to entities located in Latvia.
Latest Latvian news
December 12, 2018
On 12 December, the European Commission published details of a new rule which would make large online marketplaces responsible for calculating, collecting and remitting VAT on certain B2C cross-border transactions below €150. Where goods are imported by an EU or non-EU merchant, and then sold via a marketplace in another EU country..
January 13, 2018
Overview This release is a maintenance release of the VAT Reporting application for December 2017. It includes new reports for 2017 yearly filings and...
December 20, 2017
Below is a summary of the principle VAT rate changes in the European Union and the rest of the world on 1 January 2018....
- Czech Republic
- United Kingdom