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Forest taxation or inventory
Forest taxation or inventory is mandatory in order to:
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determine the value of the forest;
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to perform business activities in the forest, as well as to perform tree felling (except for the cases referred to in Section 12, Paragraph one, Clause 3 of the Latvian Republic Forest Law);
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perform forest transformation (transformation of property into another type of land use, for example, agricultural land or building territory);
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apply for state and EU funding / co-financing of forest sector support;
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receive real estate tax rebates for owned young stands and restrictions on business activities (according to forest taxation data).
Why is forest taxation necessary?
Forest taxation or inventory is mandatory in order to:
-
determine the value of the forest;
-
to perform business activities in the forest, as well as to perform tree felling (except for the cases referred to in Section 12, Paragraph one, Clause 3 of the Latvian Republic Forest Law);
-
perform forest transformation (transformation of property into another type of land use, for example, agricultural land or building territory);
-
apply for state and EU funding / co-financing of forest sector support;
-
receive real estate tax rebates for owned young stands and restrictions on business activities (according to forest taxation data).
How may "Vidusdaugava forests" help you?
We offer professional forest taxation consultations and taxation services. By entrusting the forest inventory to "Vidusdaugavas meži", you will receive the forest inventory in accordance with Article 20 (5) of the Latvian Republic Forest Law (the inventory will be performed by a person certified by an accredited conformity assessment institution, whose professional activity is civilly insured).
Do not hestitate to contact us for the consultation on your forest taxation.