The Corporate Tax Rate in Latvia stands at 20 percent. Corporate Tax Rate in Latvia averaged 19.10 percent from 1995 until 2024, reaching an all time high of 29.00 percent in 1996 and a record low of 15.00 percent in 2002. source: State Revenue Service, Latvia

Corporate Tax Rate in Latvia is expected to reach 20.00 percent by the end of 2025, according to Trading Economics global macro models and analysts expectations. In the long-term, the Latvia Corporate Tax Rate is projected to trend around 20.00 percent in 2026, according to our econometric models.




Related Last Previous Unit Reference
Corporate Tax Rate 20.00 20.00 percent Dec 2024
Personal Income Tax Rate 31.00 31.00 percent Dec 2024
Sales Tax Rate 21.00 21.00 percent Dec 2024
Social Security Rate 34.09 34.09 percent Dec 2024
Social Security Rate For Companies 23.59 23.59 percent Dec 2024
Social Security Rate For Employees 10.50 10.50 percent Dec 2024
Withholding Tax Rate 0.00 0.00 percent Dec 2024

Latvia Corporate Tax Rate
In Latvia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Latvia.
Actual Previous Highest Lowest Dates Unit Frequency
20.00 20.00 29.00 15.00 1995 - 2024 percent Yearly