**VAT reduction on local produce likely to be abolished next year**

In the next year's budget, it is no longer planned to maintain the reduced value-added tax rate for fruits and vegetables produced Latvia, but farmers might be provided with state aid for investments and competitiveness, Agriculture Minister Armands Krauze (Union of Greens and Farmers, ZZS) told Latvian Radio September 28.

https://eng.lsm.lv/article/economy/economy/28.09.2023-vat-reduction-on-local-produce-likely-to-be-abolished-next-year.a525680/?utm_source=rss&utm_campaign=rss&utm_medium=links