Latvia: Tax card for 2025

Information about the tax system in Latvia for 2025

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January 9, 2025

A “tax card” for 2025 prepared by the KPMG member firm in Latvia provides information about the tax system in Latvia for 2025, specifically:

  • Corporate income tax
  • Micro-enterprise tax
  • Individual (personal) income tax
  • Mandatory state social security contributions
  • Solidarity tax
  • Value added tax (VAT)
  • Company car tax
  • Immovable property tax
  • Bank solidarity contributions
  • Tax treaties
  • Investment incentives

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