Latvia: what is the corporate tax rate?

20%. That is the headline rate, the one ordinary companies pay.

Latvia: what is the income tax rate?

25.5% to 36%. Depending on the country, a flat rate or a progressive scale.

FiScore 4.6 out of 10, ranked 135th of 217: around the world average.

Latvia vs World average Compare another country

Corporate 20% · Personal 25.5% to 36% · VAT 21% · EUR

FiScore

135th Light Heavy

Corporate income taxheadline rate

20%

20.8%

−0.8points

Personal income taxtop bracket

36%

17%

+19.0points

VATstandard rate

21%

14%

+7.0points

Corporate income tax
Regime	Rate
Bénéfices distribués standard regime L’impôt n’est dû qu’à la distribution, pas à la réalisation du bénéfice	20%
Bénéfices réinvestis	0%