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Home › EU VAT Calculator › Latvia €120 VAT

Calcolo e Scorporo IVA Lettonia (21.0%) su €120

Official 2026 Pievienotās vērtības nodoklis (PVN) calculation for €120 in Latvia (Standard Rate: 21.0% · Reduced Rate: 12.0%).

Add 21.0% VAT (Net → Gross)
€145.20
VAT added: +€25.20
Remove 21.0% VAT (Gross → Net)
€99.17
VAT extracted: -€20.83
Add 12.0% Reduced VAT
€134.40
VAT added: +€14.40
Remove 12.0% Reduced VAT
€107.14
VAT extracted: -€12.86

Complete Latvia VAT / MwSt / TVA / IVA Table for €120

OperationStandard Rate (21.0%)Reduced Rate (12.0%)
1. Net Amount (Excl. VAT / HT / Netto)€120.00€120.00
+ VAT Amount Added+€25.20+€14.40
= Gross Invoice Total (Incl. VAT / TTC / Brutto)€145.20€134.40
2. Gross Amount (Incl. VAT / TTC / Brutto)€120.00€120.00
- Reverse VAT Extracted-€20.83-€12.86
= Net Base Amount (Excl. VAT / HT / Netto)€99.17€107.14

Other Invoice Amounts in Latvia