IL · Asia ↔ LV · Europe
Israel vs Latvia: tax rates compared
Israel's corporate tax rate is 3pp higher than Latvia's (23% vs 20%). The 201-country average is 22.6%: Israel sits above it, Latvia sits below it.
Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Israel | 23% | 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 | +3 pp | Israel higherlargest gap on this page |
VAT
| Country | Rate | Source |
|---|---|---|
| Israel | 18% | Source: PWC Worldwide Tax Summaries — Israel (Corporate, Other taxes) · as of 2026-06-29 |
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Difference | −3 pp | Latvia higher |
Latvia's VAT rate is 3pp higher than Israel's (21% vs 18%). The 37-country average is 19.5%: Israel sits below it, Latvia sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Israel | 0% | Source: PWC Worldwide Tax Summaries — Israel (Individual, Other taxes) · as of 2026-06-29 |
| 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 |
Israel's wealth tax rate is identical to Latvia's — both sit at 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Income Tax, Capital Gains Tax, Crypto Tax.