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Contrary to a widespread belief, revisiting cadastral values in Latvia has not raised property tax on forest. Since 2025 two values are kept apart: the fiscal one, which the tax is calculated from and which stays at its previous level, and the universal one, which tracks the market but does not affect tax. Here is what that means for a forest owner.
About seven months are left before December 30, 2026. By that date every Latvian timber seller into the EU supply chain will need GPS coordinates of the felling site and a completed due diligence statement. What that means for a private owner.
The familiar narrative of a roughly even state-versus-private split does not match the VMD data. Measured by forest compartments, private ownership outweighs the state by a factor of 2.17. Within the private sector, concentration is extreme: the top 1% of owners hold 44% of the area. We break down ownership across 276,011 cadastres.
