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&lt;/script&gt;&lt;iframe sandbox="allow-scripts" security="restricted" src="https://www.inlatplus.lv/en/archives/publication/legalnyj-sposob-snizheniya-naloga-na-p/embed" width="600" height="338" title="&#x201C;The legal way to reduce the capital gains tax as a result of the sale of inherited real estate&#x201D; &#x2014; Inlatplus" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"&gt;&lt;/iframe&gt;</html><description>As per the current provisions of the law &#x201C;On Personal Income Tax&#x201D;, physical persons are required to pay tax on income derived from the sale of real estate (capital gains tax). The difference between the cost of the purchased real estate and the sale price is subject to tax. If a property has been inherited, [&hellip;]</description><thumbnail_url>https://www.inlatplus.lv/wp-content/uploads/2020/01/tax-form_fyy_f8vo-2-1024x682.jpg</thumbnail_url></oembed>
