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Latvia Passes New Crypto Tax Law - Withdrawals Exceeding Deposits Will Trigger Taxation
News Payments & Compliance

Latvia Passes New Crypto Tax Law – Withdrawals Exceeding Deposits Will Trigger Taxation

The Latvian parliament has passed a comprehensive overhaul of its cryptocurrency tax laws, shifting the taxable event from individual trades to net withdrawals. The government is also preparing to accept direct crypto tax payments starting in 2027.

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