Ghana or Latvia: which taxes less?

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

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

Ghana

4.7/10

132nd of 217

4.6/10

135th of 217

Tax	Ghana	Latvia	Gap
Corporate income tax headline rate	25%	20%	+5.0 points
Personal income tax top bracket	0% to 35%	25.5% to 36%	−1.0 points
VAT standard rate	15%	21%	−6.0 points

Ghana

General rate	25%
Upstream mining and oil	35%
Hospitality	22%
Banks lending to agriculture	20%
Non-traditional exports	8%

Latvia

Distributed profits Tax due only on distribution, not on realization	20%
Reinvested profits	0%