DE · EuropeLV · Europe

Germany vs Latvia: tax rates compared

Germany has an income tax rate of 47.5%, 14.5pp above Latvia's 33%. 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%47.5%Corporate20%30.1%VAT19%21%Capital Gains25%25.5%Crypto0%25.5%Wealth Tax0%
six shared taxes, side by side
Tax DE LVDifference
Income Tax47.5%33%DE +14.5 pp
Corporate Tax30.1%20%DE +10.1 pp
VAT19%21%LV +2 pp
Capital Gains Tax25%25.5%LV +0.5 pp
Crypto Tax0%25.5%LV +25.5 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Germany47.5%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+14.5 ppGermany higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Germany30.1%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+10.1 ppGermany higher

Germany has a corporate tax rate of 30.1%, 10.1pp above Latvia's 20%. The 201-country average is 22.6%: Germany sits above it, Latvia sits below it.

VAT

VAT, side by side
CountryRateSource
Germany19%Source: PWC Worldwide Tax Summaries — Germany (Corporate, Other taxes) · as of 2026-06-30
Latvia21%Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30
Difference−2 ppLatvia higher

Latvia has a VAT rate of 21%, 2pp above Germany's 19%. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Germany25%Source: PwC Worldwide Tax Summaries — Germany, Individual - Income determination · as of 2026-06-30
Latvia25.5%Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30
Difference−0.5 ppLatvia higher

Latvia has a capital gains tax rate of 25.5%, 0.5pp above Germany's 25%. The 175-country average is 10.3%: both sit above it.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Germany0%Source: Bundesministerium der Finanzen — Einzelfragen zur ertragsteuerrechtlichen Behandlung von Kryptowerten (BMF-Schreiben vom 6. März 2025) · as of 2025-03-06
Latvia25.5%Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Latvia · as of 2025-10-01
Difference−25.5 ppLatvia higher

Latvia has a crypto tax rate of 25.5%, 25.5pp above Germany's 0%. The 88-country average is 13%: Germany sits below it, Latvia sits above it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Germany0%Source: PWC Worldwide Tax Summaries — Germany (Individual, Other taxes) · as of 2026-06-30
Latvia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Difference0 ppdisplayed rates match

Germany and Latvia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.