Law on Immovable Property Tax (1997)

This Law provides for immovable property tax. The immovable property tax shall be imposed on tangible things which are located in the territory of the Republic of Latvia and which cannot be transferred from one place to another without being externally damaged –land, buildings, including the buildings registered in the Cadastre Information System but not transferred into exploitation, and engineering structures, except the immovable property owned by governmental entities and others as mentioned in the Law.