Property tax rate must be reduced before new cadastral values come into force - Latkovskis

  • 2020-07-28
  • LETA/TBT Staff
RIGA - If cadastral values of real estate properties are to increase, property tax rate must be lowered before the new cadastral values come into force, so residents would not have to pay more, New Unity Saeima group's chairman Ainars Latkovskis told LETA. Residents' property tax payments must not increase after the cadastral values change, emphasized Latkovskis. As reported, Prime Minister Krisjanis Karins (New Unity) believes that property tax rates will have to be revised before the new cadastral values come into force. Property tax rates wil...
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