Tax rates in Latvia, Lithuania and Estonia 2012
|
Baltic country |
Latvia |
Lithuania |
Estonia |
|
Personal Income Tax rate |
25 % (dividends - 10%) |
15% (dividends - 20%) |
21% |
|
Value Added Tax rate |
22% |
21% |
20% |
|
Corporate Income Tax rate |
15 % |
15% |
21% on gross dividends (tax is calculated on the net amount at the rate of 21/79); undistributed profits are not taxed |
|
Social Tax rate |
35,09% from which 24.09% is paid by employer and 11% by the employee |
39,98% - 41,6% |
33% |
|
Land Tax rate |
1,5% |
1,5% |
0.1 - 2.5% |
|
Real Property Tax rate |
1,5% + 0,2% - 0,6% for living premises |
0,3 - 1% |
- |
Personal Income Tax rate in Latvia: 25 % (dividends - 10%). Value Added Tax rate: 22%. Corporate Income Tax rate: 15 %. Social Tax rate: 35,09% from which 24.09% is paid by employer and 11% by the employee. Land Tax rate: 1,5%. Real Property Tax rate: 1,5% + 0,2% - 0,6% for living premises.
Personal Income Tax rate in Lithuania: 15% (dividends - 20%). Value Added Tax rate: 21%. Corporate Income Tax rate: 15 %. Social Tax rate: 39,98% - 41,6%. Land Tax rate: 1,5%. Real Property Tax rate: 0,3 - 1%.
Personal Income Tax rate in Estonia: 21% (dividends - 20%). Value Added Tax rate: 20%. Corporate Income Tax rate: 21% on gross dividends (tax is calculated on the net amount at the rate of 21/79); undistributed profits are not taxed. Social Tax rate: 33%. Land Tax rate: 0.1 - 2.5%. Real Property Tax rate: -
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