Natural resources tax
relates to Republic of Latvia
Natural resources tax shall be paid by enterprises and private persons if they acquire taxable natural resources in Latvia (or on a continental shelf), produce goods/products harmful for the environment or sell goods or products harmful for the environment and produced domestically, goods or products in packaging, or release taxable pollution into the environment.
Natural resources tax is differentiated and depends on the type of natural resources and on the type of waste, as well as the threat to the environment. Rates fluctuate from a few santims up to hundred lats.
Natural resources tax shall be paid for:
*) any natural resources obtained as a result of economic activity;
*)environmental pollution – waste, emissions and polluting substances;
*)goods and products harmful for the environment; and
*)packaging of goods and products imported or produced domestically.
This page was last modified on 18 January 2018 at 05:53.
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Author: Artis Zelmenis