Latvia 23-03-2004 New VAT rates to be applied from May 1 The Parliament adopted changes to the VAT law yesterday. According to the law, the reduced VAT rate of 5 per cent will apply to the categories including medical drugs; books,…… Sign in or Upgrade to Continue Reading This news article is over 10 days old. Subscribe today to access all articles with an annual subscription. Become a member Learn more Already a subscriber? Log in here #interest#interest rates#leasing#VAT