Shall be paid by real estate owners or legal possessors. General tax rate is 1,5% from cadastral value of property unit. Residential property is taxed at a rate 0,2%-0,4%-0,6% depending on value of the property.

  • 0.2% of cadastral value, which does not exceed EUR 56 915; 
  • 0.4% of cadastral value, which exceeds EUR 56 915, but not exceeding EUR 106 715; 
  • 0.6% of cadastral value, which exceeds EUR 106 715;

Taxation Period
Calendar year.

Tax system in Latvia