LV · EuropeMA · Africa
Latvia vs Morocco: tax rates compared
Morocco has an income tax rate of 37%, 4pp above Latvia's 33%. The 200-country average is 28%: both sit above it. Latvia's figure is dated 2025-12-30 and Morocco's 2026-04-30, 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 | LV | MA | Difference |
|---|---|---|---|
| Income Tax | 33% | 37% | MA +4 pp |
| Corporate Tax | 20% | 34% | MA +14 pplargest gap |
| VAT | 21% | 20% | LV +1 pp |
| Capital Gains Tax | 25.5% | 15% | LV +10.5 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 |
| Morocco | 37% | Source: PWC Worldwide Tax Summaries — Morocco (Individual, Taxes on personal income) · as of 2026-04-30 |
| Difference | −4 pp | Morocco higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Morocco | 34% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −14 pp | Morocco higher |
Morocco has a corporate tax rate of 34%, 14pp above Latvia's 20%. The 201-country average is 22.6%: Latvia sits below it, Morocco sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Morocco | 20% | Source: PWC Worldwide Tax Summaries — Morocco (Corporate, Other taxes) · as of 2026-04-30 |
| Difference | +1 pp | Latvia higher |
Latvia has a VAT rate of 21%, 1pp above Morocco's 20%. 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 |
| Morocco | 15% | Source: PWC Worldwide Tax Summaries — Morocco (Individual, Income determination) · as of 2026-04-30 |
| Difference | +10.5 pp | Latvia higher |
Latvia has a capital gains tax rate of 25.5%, 10.5pp above Morocco's 15%. The 175-country average is 10.3%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 0% | Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30 |
| Morocco | 0% | Source: PWC Worldwide Tax Summaries — Morocco (Individual, Other taxes) · as of 2026-04-30 |
| Difference | 0 pp | displayed rates match |
Latvia and Morocco share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.