Corporate Tax Comparison

Czech Republic vs Latvia

Compare Czech Republic and Latvia corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.

Published — Czech Republic: 2/14/2024 · Latvia: 2/14/2024 · Time of Update — Czech Republic: 10/02/2026 · Latvia: 9/30/2026

Base Country/Region

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Compare Corporate Tax

Czech Republic

Latvia

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Published — Czech Republic: 2/14/2024 · Latvia: 2/14/2024 · Time of Update — Czech Republic: 10/02/2026 · Latvia: 9/30/2026

Corporate Income Tax (CIT)

Czech Republic

Latvia

General CIT Rate:

The tax year starting in 2024 is 21 (previously 19).

General CIT Rate:

20 (only payable when distributing profits).

CIT Return Due Date:

Within three months after the end of the tax filing period (or four months if submitted electronically), or six months for entities that have been audited or for entities whose tax returns are submitted by registered advisors.

CIT Return Due Date:

The tax deadline is one month. If taxpayers are allowed to pre-order proof documents quarterly, the tax period is one quarter. The return is filed by the 20th day of the month after each tax period; a period with no taxable object needs no return, except the one covering the last month of the financial year, which is always filed.

CIT Payment Due Date:

If there is a tax base, the tax payable should be paid on or before the 23rd day of the next tax filing period each month.

CIT Estimated Payment Due Date:

Prepaid taxes are paid every half year or quarter.

CIT Estimated Payment Due Date:

No estimated CIT payment.

Withholding Tax (WHT)

Czech Republic

Latvia

Resident Withholding Tax (Dividend/Interest/Royalty):

15/0/0

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

15-35/15-35/15-35

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

0/0/0

Value-Added Tax (VAT)

Czech Republic

Latvia

General VAT Rate:

Learn More Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Czech Republic

Latvia

General Capital Gain Tax Rate:

Capital gains are subject to the normal corporate income tax rate constraints.

General Capital Gain Tax Rate:

Capital gains are constrained by the normal corporate income tax rate.

Effective Tax Rate (ETR)

Czech Republic

Latvia

Composite Effective Average Tax Rate:

20.31%

Composite Effective Average Tax Rate:

17.00%

Composite Effective Marginal Tax Rate:

20.73%

Composite Effective Marginal Tax Rate:

0.00%

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