Latvia vs Togo: tax rates compared

Income Tax

Income Tax, side by side

Country	Rate	Source
Latvia	33%	Source: State Revenue Service of Latvia (VID) — Personal Income Tax rates · as of 2025-12-30
Togo	35%	Source: Office Togolais des Recettes — Code Général des Impôts et Livre des Procédures Fiscales (mis à jour 2025), Art. 74 · as of 2025-04-23
Difference	−2 pp	Togo higher

Corporate Tax

Corporate Tax, side by side

Country	Rate	Source
Latvia	20%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Togo	27%	Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference	−7 pp	Togo higher

Togo has a corporate tax rate of 27%, 7pp above Latvia's 20%. The 201-country average is 22.6%: Latvia sits below it, Togo sits above it.

VAT

VAT, side by side

Country	Rate	Source
Latvia	21%	Source: PWC Worldwide Tax Summaries — Latvia (Corporate, Other taxes) · as of 2026-06-30
Togo	18%	Source: Office Togolais des Recettes (OTR) — La Taxe sur la Valeur Ajoutée (TVA) · as of 2020-01-01
Difference	+3 pp	Latvia higher

Latvia has a VAT rate of 21%, 3pp above Togo's 18%. The 181-country average is 15%: both sit above it. Latvia's figure is dated 2026-06-30 and Togo's 2020-01-01, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side

Country	Rate	Source
Latvia	0%	Source: PWC Worldwide Tax Summaries — Net wealth/worth tax rates (quick chart) · as of 2026-06-30
Togo	0%	Source: Investir au Togo (Togo government investment promotion portal) — Fiscalité · as of 2026-07-18
Difference	0 pp	displayed rates match

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