Tax and law13 min read
Tax on selling cirsma in Latvia: 10 % PIT, a 25 % or 50 % expense allowance, and the €50,000 VAT threshold
Selling cirsma is not a capital gain — it is income from the use of property, taxed at 10 %. Cirsma and harvested roundwood are two different transactions with 25 % and 50 % expense allowances, so the effective burden is 7.5 % and 5 %. Five scenarios with numbers and links to the tax authority's own guidance.
