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Latvia to impose property tax on ruins

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Latvia to impose property tax on ruins

On Thursday, the parliament of Latvia passed in the final reading amendments to the law, according to which, since 2020, the state and local governments will be obliged to pay a property tax for the ruins owned by them.

This proposal was made by Chairman of the Latvian Association of Regions, Martins Bondars. He pointed to the injustice in a situation, when residents were required to pay property tax for the facilities damaging the environment, while the state did not have to.

Earlier, the parliamentary Commission for Budget and Finance made a decision not to indicate in the amendments a specific owner of a ruining facility, which damages the environment and threatens human security. Thus, now the provisions of the act will extend to property that belongs to the state and local governments as well.

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