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  • New business type for Latvia VAT declaration

    Starting from 01.01.2021 in Latvia is required to have new business type: Acquisition of property in an auction organized by a sworn bailiff. In VAT declaration Appendix 1 such truncations appear with type M. Since it's legal requirement from Government of Latvia I suggest to implement new type in two areas: 1. Add new type in Sales tax code business type list 2. Add new type in XML file setup Appendix 1.