LV · EuropeMT · Europe
Latvia vs Malta: tax rates compared
Malta has an income tax rate of 35%, 2pp above Latvia's 33%. The 200-country average is 28%: both sit above it. Latvia's figure is dated 2025-12-30 and Malta's 2026-01-01, so the two rates come from different data vintages.
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
| Tax | LV | MT | Difference |
|---|---|---|---|
| Income Tax | 33% | 35% | MT +2 pp |
| Corporate Tax | 20% | 35% | MT +15 pp |
| VAT | 21% | 18% | LV +3 pp |
| Capital Gains Tax | 25.5% | 0% | LV +25.5 pplargest gap |
| Crypto Tax | 25.5% | 0% | LV +25.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 33% | Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30 |
| Malta | 35% | Source: PWC Worldwide Tax Summaries — Malta (Individual, Taxes on personal income) · as of 2026-01-01 |
| Difference | −2 pp | Malta higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Malta | 35% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −15 pp | Malta higher |
Malta has a corporate tax rate of 35%, 15pp above Latvia's 20%. The 201-country average is 22.6%: Latvia sits below it, Malta sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Malta | 18% | Source: PWC Worldwide Tax Summaries — Malta (Corporate, Other taxes) · as of 2026-02-19 |
| Difference | +3 pp | Latvia higher |
Latvia has a VAT rate of 21%, 3pp above Malta's 18%. The 181-country average is 15%: both sit above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 25.5% | Source: PWC Worldwide Tax Summaries — Latvia (Individual, Income determination) · as of 2026-06-30 |
| Malta | 0% | Source: PwC Worldwide Tax Summaries — Malta (Individual, Income determination) · as of 2026-02-19 |
| Difference | +25.5 pp | Latvia higher |
Latvia has a capital gains tax rate of 25.5%, 25.5pp above Malta's 0%. The 175-country average is 10.3%: Latvia sits above it, Malta sits below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 25.5% | Source: EY Worldwide Personal Tax and Immigration Guide 2025-26 — Latvia · as of 2025-10-01 |
| Malta | 0% | Source: Malta Commissioner for Revenue — Guidelines on the Income Tax Treatment of Transactions or Arrangements Involving DLT Assets · as of 2018-11-01 |
| Difference | +25.5 pp | Latvia higher |
Latvia has a crypto tax rate of 25.5%, 25.5pp above Malta's 0%. The 88-country average is 13%: Latvia sits above it, Malta sits below it. Latvia's figure is dated 2025-10-01 and Malta's 2018-11-01, so the two rates come from different data vintages.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30 |
| Malta | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-02-19 |
| Difference | 0 pp | displayed rates match |
Latvia and Malta share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.