LV · Europe ↔ TZ · Africa

Latvia vs Tanzania: tax rates compared

Tanzania has a corporate tax rate of 30%, 10pp above Latvia's 20%. The 201-country average is 22.6%: Latvia sits below it, Tanzania sits above it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%LV 20%TZ 30%
Corporate Tax, side by side
CountryRateSource
Latvia20%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Tanzania30%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10 ppTanzania higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%LV 0%TZ 0%
Wealth Tax, side by side
CountryRateSource
Latvia0%Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Tanzania0%Source: PWC Worldwide Tax Summaries — Tanzania (Individual, Other taxes) · as of 2026-01-14
Difference0 ppdisplayed rates match

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

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.