Law on natural resource tax.

The objectives of the Law on natural resource tax is to limit mismanagement of natural resources and environmental pollution, as well as to accumulate means for the funding of environmental protection measures. It includes payment for the utilization of natural resources and environmental pollution within set limits and fines on pollution and utilization exceeding the limit. The respective limits of pollution and utilization of resources are determined by the Environmental Protection Committee of the Republic of Latvia and approved by the Supreme Council of the Republic of Latvia.