Corporate Tax Comparison

Israel vs Latvia

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

Time of Update — Israel: 4/04/2026 · Latvia: 4/04/2026

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Compare Corporate Tax

Israel

Latvia

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Time of Update — Israel: 4/04/2026 · Latvia: 4/04/2026

Corporate Income Tax (CIT)

Israel

Latvia

General CIT Rate:

20 (only payable when distributing profits).

CIT Return Due Date:

Within five months after the end of the tax year.

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. If there is a tax base, the tax return should be submitted on or before the 20th day of each month (quarter).

CIT Payment Due Date:

If the remaining balance is paid before the end of the first month after the end of the tax year, the taxpayer should be completely exempt from any interest and linkage differences.

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:

Taxpayers must prepay their taxes on a monthly basis before the 15th of each month. According to a fixed percentage of the company's turnover, there are 12 months of prepayments, or based on the previous year's tax assessment, there are 10 months of payments starting from the second month of the company's tax year.

CIT Estimated Payment Due Date:

No estimated CIT payment.

Withholding Tax (WHT)

Israel

Latvia

Resident Withholding Tax (Dividend/Interest/Royalty):

25/25/25

Resident Withholding Tax (Dividend/Interest/Royalty):

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

25/0-25/25

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

0/0/0

Value-Added Tax (VAT)

Israel

Latvia

General VAT Rate:

Learn More

Value-Added Tax (VAT)

General VAT Rate:

Learn More

Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Israel

Latvia

General Capital Gain Tax Rate:

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

General Capital Gain Tax Rate:

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

Effective Tax Rate (ETR)

Israel

Latvia

Composite Effective Average Tax Rate:

21.47%

Composite Effective Average Tax Rate:

17.00%

Composite Effective Marginal Tax Rate:

16.63%

Composite Effective Marginal Tax Rate:

0.00%

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