Eswatini or Latvia: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Eswatini and Latvia weigh about the same on the taxpayer.

Tax Eswatini Latvia Gap
Corporate income tax headline rate 27.5% 20% +7.5 points
Personal income tax top bracket 20% to 33% 25.5% to 36% −3.0 points
VAT standard rate 15% 21% −6.0 points

Detailed schedules

Corporate income tax

Eswatini

n/a

Latvia

Distributed profits Tax due only on distribution, not on realization 20%
Reinvested profits 0%
See the Eswatini page See the Latvia page