Baltic Sotheby’s expresses its view on the rise in the real estate tax in Latvian Saeima

Plans for 2013 include a real estate tax reform in Latvia. The changes are aimed at shifting the tax burden from the workforce to real estate. Idea behind the bill has stirred debate between ministries and businesses. Vestards Rozenbergs, Chairman of Board of Baltic Sotheby’s International Realty, company specializing in premium real estate, also voiced his opinion to Vjaceslavs Dombrovskis (Vjačeslavs Dombrovskis), Chairman of the Economic Committee of Saeima and Deputy Head of the Reform Party (RP) parliamentary fraction.... Read more...