LatviaLatviaCorporate tax rate is 20% (applied on distributed profits). Tax is deferred until distribution.
Corporate Tax
20%
Income Tax
20% - 31%
VAT Rate
21%
Capital Gains Tax
20%
Effective Rate
20%
Income Tax Brackets
- 0 - 20,00420%
- 20,004 - 78,10023%
- 78,100 - ∞31%
Capital Gains
20%
Capital gains taxed as income, typically 20% effective rate.