Taxes on income, profits and capital gains as a share of revenue reached 6.13% in 2020 in Latvia, according to the National Statistical Office. This is 29.2% more than in the previous year.
Historically, taxes on income, profits and capital gains as a share of revenue in Latvia reached an all time high of 15.6% in 2008 and an all time low of 4.75% in 2019.
Latvia has been ranked 105th within the group of 109 countries we follow in terms of taxes on income, profits and capital gains as a share of revenue.
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