Latvia has published Cabinet Regulations No. 324 of 9 July 2019 in the Official Gazette, which introduce simplified transfer pricing provisions for low value-adding intra-group services. Regulation No. 324 amends Cabinet Regulations No. 677 of 2017 to provide that the general requirements to perform a functional and comparable analysis and use standard transfer pricing methods does not apply in respect of low value-adding services if the taxpayer chooses to determine the market value in acc…