Underdeclaration of the VAT due (Latvia)
The amount of the penalty in respect of underdeclared VAT varies according to the nature and frequency of the default:
- Ìý
•ÌýÌýÌýÌý If the amount of the underdeclared VAT for the period covered by the audit is no more than 15% of the correct amount due, the penalty is 20% of the underdeclared
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 14:49