Executive summary
On 14 April 2020, Latvia’s Cabinet of Ministers approved the regulation “Rules on automatic exchange of information on reportable cross-border arrangements” implementing the European Union (EU) Directive on the mandatory disclosure and exchange of cross-border tax arrangements (referred to as DAC6 or the Directive).
The Latvian legislation was published on 17 April 2020 and will be effective from 1 July 2020.
The Latvian final Mandatory Disclosure Rules (MDR) legislation is b…