TD · AfricaLV · Europe
Chad vs Latvia: tax rates compared
Between the two, Latvia's income tax rate (33%) tops Chad's (30%) by 3pp. The 200-country average is 28%: both sit above it. Chad's figure is dated 2024-08-12 and Latvia's 2025-12-30, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | TD | LV | Difference |
|---|---|---|---|
| Income Tax | 30% | 33% | LV +3 pp |
| Corporate Tax | 35% | 20% | TD +15 pplargest gap |
| VAT | 18% | 21% | LV +3 pp |
| Capital Gains Tax | 20% | 25.5% | LV +5.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Chad | 30% | Source: PWC Worldwide Tax Summaries — Chad (Individual, Taxes on personal income) · as of 2024-08-12 |
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Difference | −3 pp | Latvia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Chad | 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 | Chad higher |
Between the two, Chad's corporate tax rate (35%) tops Latvia's (20%) by 15pp. The 201-country average is 22.6%: Chad sits above it, Latvia sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Chad | 18% | Source: PWC Worldwide Tax Summaries — Chad (Corporate, Other taxes) · as of 2024-08-12 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −3 pp | Latvia higher |
Between the two, Latvia's VAT rate (21%) tops Chad's (18%) by 3pp. The 181-country average is 15%: both sit above it. Chad's figure is dated 2024-08-12 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Chad | 20% | Source: PWC Worldwide Tax Summaries — Chad (Individual, Taxes on personal income) · as of 2024-08-12 |
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Difference | −5.5 pp | Latvia higher |
Between the two, Latvia's capital gains tax rate (25.5%) tops Chad's (20%) by 5.5pp. The 175-country average is 10.3%: both sit above it. Chad's figure is dated 2024-08-12 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Chad | 0% | Source: PWC Worldwide Tax Summaries — Chad (Individual, Other taxes) · as of 2024-08-12 |
| 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 — Chad and Latvia both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Chad's figure is dated 2024-08-12 and Latvia's 2026-06-30, so the two rates come from different data vintages.
Not covered for both countries yet: Crypto Tax.