Tax rates in Latvia, Lithuania and Estonia 2012

Baltic country

  Latvia 

  Lithuania 

  Estonia 

Personal Income Tax rate

25 % (dividends - 10%)

15% (dividends - 20%)

21%

Value Added Tax rate

22%

21%

20%

Corporate Income Tax rate

15 %

15%

21% on gross dividends (tax is calculated on the net amount at the rate of  21/79); undistributed profits are not taxed

Social Tax rate

35,09% from which 24.09% is paid by employer and 11% by the employee

39,98% - 41,6%

33%

Land Tax rate

1,5%

1,5%

0.1 - 2.5%

Real Property Tax rate

1,5% + 0,2% - 0,6% for living premises

0,3 - 1%

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