Personal-income-tax rates in Latvia, Lithuania and Estonia compearing to other countries in 2012.

14 January 2013
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Looking back at year 2012, Latvia, Lithuania and Estonia are ranked between countries with the lowest personal income tax rates.

 

 

table personal income tax in latvia lithuania estonia 2012

 

General rate 15% of personal income tax in Lithuania is applicable since the end of the year 2008 and it remains stable. Currently there are no projects to change it.

 

The income tax rate currently applicable in Estonia is 21%. The tax rate is subject to change in 2015 when the income tax rate will be lowered to 20%.

 

From January 1, 2013 in Latvia personal income tax rate is decreased to 24%.  You can read more about personal income tax plan in Latvia here http://www.gencs.eu/news/view/498

For questions, please, contact Valters Gencs, attorney at law at info@gencs.eu


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The material contained here is not to be construed as legal advice or opinion.

© Gencs Valters Law Firm, 2014