AT · EuropeLV · Europe

Austria vs Latvia: tax rates compared

Between the two, Austria's income tax rate (55%) tops Latvia's (33%) by 22pp. The 200-country average is 28%: both sit above it.

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

0102030405060Income33%55%Corporate20%23%VAT20%21%Capital Gains25.5%27.5%Crypto25.5%27.5%Wealth Tax0%
six shared taxes, side by side
Tax AT LVDifference
Income Tax55%33%AT +22 pplargest gap
Corporate Tax23%20%AT +3 pp
VAT20%21%LV +1 pp
Capital Gains Tax27.5%25.5%AT +2 pp
Crypto Tax27.5%25.5%AT +2 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Austria55%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Latvia33%Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30
Difference+22 ppAustria higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Austria23%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Latvia20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+3 ppAustria higher

Between the two, Austria's corporate tax rate (23%) tops Latvia's (20%) by 3pp. The 201-country average is 22.6%: Austria sits above it, Latvia sits below it.

VAT

VAT, side by side
CountryRateSource
Austria20%Source: PWC Worldwide Tax Summaries — Austria (Corporate, Other taxes) · as of 2026-03-11
Latvia21%Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30
Difference−1 ppLatvia higher

Between the two, Latvia's VAT rate (21%) tops Austria's (20%) by 1pp. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Austria27.5%Source: PWC Worldwide Tax Summaries — Austria (Individual, Income determination) · as of 2026-01-29
Latvia25.5%Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30
Difference+2 ppAustria higher

Between the two, Austria's capital gains tax rate (27.5%) tops Latvia's (25.5%) by 2pp. The 175-country average is 10.3%: both sit above it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Austria27.5%Source: Bundesministerium für Finanzen (Austria) — Steuerliche Behandlung von Kryptowährungen · as of 2026-01-01
Latvia25.5%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Latvia · as of 2025-10-01
Difference+2 ppAustria higher

Between the two, Austria's crypto tax rate (27.5%) tops Latvia's (25.5%) by 2pp. The 88-country average is 13%: both sit above it. Austria's figure is dated 2026-01-01 and Latvia's 2025-10-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Austria0%Source: PWC Worldwide Tax Summaries — Austria (Individual, Other taxes) · as of 2026-01-29
Latvia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Difference0 ppdisplayed rates match

There's no gap here — Austria and Latvia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.