Latvia Provides Guidelines on Completing the Controlled Transactions Report

Latvia's State Revenue Service updated its corporate income tax guidance page on 18 September 2026 with the publication of new Guidelines on completing the controlled transactions report. The guidelines provide practical instructions, a Q&A section, and examples to help taxpayers correctly prepare and submit their controlled transaction reports via the Electronic Declaration System (EDS).

The controlled transactions report is a new requirement that applies from 1 January 2026 in respec…