New Latvia 0% corporate tax - like Estonia

[blockchain4ever]

Did anyone notice that Latvian companies now pay 0% corporate tax?

 

[blockchain4ever]

More information: New corporate income tax in Latvia. How to benefit from it?

 

[KJK]

It's not as straightforward as it sounds.

 

[Martin Everson]

So now have had Georgia, Estonia and Latvia move to this system of taxation‍ i.e only at point of distribution. It actually makes sense to do things this way.⁠ Hopefully more countries will follow but unfortunately this model only favors smaller economies not huge⁤ welfare states smi(&%

 

[realcat]

I hope it stays this way, Latvia changes their taxation laws very regularly.