In June 2020, Latvia approved an extension of tax measures to provide continued support beyond the end of the state of emergency for COVID-19. Under the support measures, the possibility to defer tax payments for a period of up to three years is provided for requests made up to 30 December 2020, with requests required to be made within 15 days following the respective payment due date. Annual financial statements for 2019 have been extended for three-month. In addition, expedited VAT refund procedures will be maintained until 31 December 2020, with refunds provided within 30 days after a return is filed.
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