Improving Value-Based Taxation of Real Property in Latvia

This workshop, developed in collaboration with Riga Technical University and the State Land Service of Latvia within the Ministry of Justice, provides an opportunity for public officials in Latvia to hear presentations from academic experts and practitioners in valuation, law, and economics. The program focuses on a variety of property tax issues, including current situations and practices in the Baltic region, and offers a forum to  exchange ideas on local tax issues facing policymakers.

The agenda features sessions on valuation methods and tax equity; international experiences and challenges with alternative tax systems; approaches to residential taxation; mass valuation applications, standards, and data; the role of the property tax in sustainable land management and urban planning; considerations in tax rate setting; and enhancing communication and public awareness of tax policies. Many of the sessions will also address the impact of COVID-19 on property taxation and potential solutions.