BR · Americas ↔ LV · Europe
Brazil vs Latvia: tax rates compared
Between the two, Brazil's corporate tax rate (34%) tops Latvia's (20%) by 14pp. The 201-country average is 22.6%: Brazil sits above it, Latvia sits below it.
Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Brazil | 34% | 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 | +14 pp | Brazil higherlargest gap on this page |
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Brazil | 0% | Source: PWC Worldwide Tax Summaries — Brazil (Individual, Other taxes) · as of 2025-05-02 |
| Latvia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Brazil and Latvia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Brazil's figure is dated 2025-05-02 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.