LV · EuropePL · Europe
Latvia vs Poland: tax rates compared
Latvia's income tax rate is 1pp higher than Poland's (33% vs 32%). 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
| Tax | LV | PL | Difference |
|---|---|---|---|
| Income Tax | 33% | 32% | LV +1 pp |
| Corporate Tax | 20% | 19% | LV +1 pp |
| VAT | 21% | 23% | PL +2 pp |
| Capital Gains Tax | 25.5% | 19% | LV +6.5 pplargest gap |
| Crypto Tax | 25.5% | 19% | LV +6.5 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 |
| Poland | 32% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | +1 pp | Latvia higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Latvia | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Poland | 19% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +1 pp | Latvia higher |
Latvia's corporate tax rate is 1pp higher than Poland's (20% vs 19%). The 201-country average is 22.6%: both sit below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Latvia | 21% | Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30 |
| Poland | 23% | Source: PWC Worldwide Tax Summaries — Poland (Corporate, Other taxes) · as of 2026-02-21 |
| Difference | −2 pp | Poland higher |
Poland's VAT rate is 2pp higher than Latvia's (23% vs 21%). 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 |
| Poland | 19% | Source: PWC Worldwide Tax Summaries — Poland (Individual, Income determination) · as of 2026-02-21 |
| Difference | +6.5 pp | Latvia higher |
Latvia's capital gains tax rate is 6.5pp higher than Poland's (25.5% vs 19%). The 175-country average is 10.3%: both sit above 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 |
| Poland | 19% | Source: Poland Ministry of Finance — Tax Portal: Disposal of cryptocurrencies (Zbycie kryptowalut) · as of 2026-06-24 |
| Difference | +6.5 pp | Latvia higher |
Latvia's crypto tax rate is 6.5pp higher than Poland's (25.5% vs 19%). The 88-country average is 13%: both sit above it. Latvia's figure is dated 2025-10-01 and Poland's 2026-06-24, 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 |
| Poland | 0% | Source: PWC Worldwide Tax Summaries — Poland (Net wealth/worth tax rates) · as of 2026-02-21 |
| Difference | 0 pp | displayed rates match |
Latvia's wealth tax rate is identical to Poland's — both sit at 0%. The 193-country average is 0.1%: both sit below it.