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Latvia

Business Tax Calculator

Corporate Tax
20%
Income Tax
20-31%
VAT Rate
21%
Effective Rate
20%

Overview

Corporate tax rate is 20% (applied on distributed profits). Tax is deferred until distribution.

Income tax rates: 20%, 23%, 31%.

Tax Calculator

Overview

Corporate tax rate is 20% (applied on distributed profits). Tax is deferred until distribution.

Income tax rates: 20%, 23%, 31%.

Tax Brackets

0 - 20,00420%
20,004 - 78,10023%
78,100 - 31%

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