Germany vs Latvia

Corporate income tax is 15%, plus a 5.5% solidarity surcharge on the corporate income tax, resulting in a combined rate of 15.825%. Trade tax applies separately and generally ranges from 8.75% to 20.3% depending on the municipality. According to legislative changes adopted in 2025, the corporation tax rate is planned to decrease to 14% in 2028, 13% in 2029, 12% in 2030, 11% in 2031, and 10% from 2032 onward, with the solidarity surcharge continuing to apply.

20 (only payable when distributing profits).

July 31st (or extended to the end of February of the following year if the taxpayer instructs a professional tax advisor).

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).

As stated in the assessment notice.

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.

Quarterly installment payments are due on the 10th day of March, June, September, and December.

No estimated CIT payment.

25/25/0

25/0/15

0/0/0

19

21

Capital gains are subject to the normal corporate tax rate.

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

26.59

17.00%

11.00

0.00%