AR · AmericasLV · Europe
Argentina vs Latvia: tax rates compared
Argentina has an income tax rate of 35%, 2pp above Latvia's 33%. The 200-country average is 28%: both sit above it. Argentina's figure is dated 2026-06-16 and Latvia's 2025-12-30, so the two rates come from different data vintages.
Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | AR | LV | Difference |
|---|---|---|---|
| Income Tax | 35% | 33% | AR +2 pp |
| Corporate Tax | 35% | 20% | AR +15 pp |
| VAT | 21% | 21% | match |
| Capital Gains Tax | 0% | 25.5% | LV +25.5 pplargest gap |
| Crypto Tax | 15% | 25.5% | LV +10.5 pp |
| Wealth Tax | 1% | 0% | AR +1 pp |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 35% | Source: PWC Worldwide Tax Summaries — Argentina (Individual, Taxes on personal income) · as of 2026-06-16 |
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Difference | +2 pp | Argentina higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Latvia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +15 pp | Argentina higher |
Argentina has a corporate tax rate of 35%, 15pp above Latvia's 20%. The 201-country average is 22.6%: Argentina sits above it, Latvia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Argentina | 21% | Source: PWC Worldwide Tax Summaries — Argentina (Corporate, Other taxes) · as of 2026-06-16 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | 0 pp | displayed rates match |
Argentina and Latvia share the same VAT rate: 21%. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 0% | Source: PWC Worldwide Tax Summaries — Argentina (Individual, Income determination) · as of 2026-06-16 |
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Difference | −25.5 pp | Latvia higher |
Latvia has a capital gains tax rate of 25.5%, 25.5pp above Argentina's 0%. The 175-country average is 10.3%: Argentina sits below it, Latvia sits above it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 15% | Source: ARCA (Agencia de Recaudación y Control Aduanero, ex-AFIP) — Economía digital: Criptoactivos, Impuesto a las Ganancias · as of 2026-07-19 |
| Latvia | 25.5% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Latvia · as of 2025-10-01 |
| Difference | −10.5 pp | Latvia higher |
Latvia has a crypto tax rate of 25.5%, 10.5pp above Argentina's 15%. The 88-country average is 13%: both sit above it. Argentina's figure is dated 2026-07-19 and Latvia's 2025-10-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Argentina | 1% | Source: AFIP/ARCA — Impuesto sobre los Bienes Personales, alícuotas · as of 2025-01-01 |
| Latvia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30 |
| Difference | +1 pp | Argentina higher |
Argentina has a wealth tax rate of 1%, 1pp above Latvia's 0%. The 193-country average is 0.1%: Argentina sits above it, Latvia sits below it. Argentina's figure is dated 2025-01-01 and Latvia's 2026-06-30, so the two rates come from different data vintages.