What are the general Corporate Income Tax (CIT) rates in Ukraine and Latvia?

For Ukraine: 18%. For Latvia: 20 (only payable when distributing profits)..

When are the Corporate Income Tax (CIT) estimated payments due in Ukraine and Latvia?

For Ukraine: N/A. For Latvia: No estimated CIT payment..

What are the resident Withholding Tax (WHT) rates in Ukraine and Latvia?

For Ukraine: N/A. For Latvia: NA.

What are the non-resident Withholding Tax (WHT) rates in Ukraine and Latvia?

For Ukraine: 15/15/15. For Latvia: 0/0/0.

What are the general VAT rates in Ukraine and Latvia?

For Ukraine: 20. For Latvia: 21.

What are the Capital Gain Tax (CGT) rates in Ukraine and Latvia?

For Ukraine: Capital gains are subject to the standard corporate income tax rate of 18%.. For Latvia: Capital gains are constrained by the normal corporate income tax rate..

What are the Composite Effective Average Tax Rates in Ukraine and Latvia?

For Ukraine: . For Latvia: 17.00%.

What are the Composite Effective Marginal Tax Rates in Ukraine and Latvia?

For Ukraine: . For Latvia: 0.00%.

Corporate Tax Comparison

Ukraine vs Latvia

Q: When are the Corporate Income Tax (CIT) returns due in Ukraine and Latvia?

For Ukraine: The quarterly tax return should be due within 40 calendar days after the last day of the reporting quarter, but the deadline for submitting the fourth quarter CIT return (based on the quarterly reporting period) is 60 calendar days after the end of the reporting year. The annual tax return (based on the annual reporting period) should be due within 60 calendar days after the last day of the reporting year.. For Latvia: 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)..

Q: When are the Corporate Income Tax (CIT) payments due in Ukraine and Latvia?

For Ukraine: According to the assessment based on the tax return, the payable taxes should be paid within ten calendar days after the deadline for submitting the relevant tax return.. For Latvia: 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..

Compare Ukraine 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 — Ukraine: 4/06/2026 · Latvia: 4/04/2026

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Ukraine

Latvia

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Time of Update — Ukraine: 4/06/2026 · Latvia: 4/04/2026

Corporate Income Tax (CIT)

Ukraine

Latvia

General CIT Rate:

18%

General CIT Rate:

20 (only payable when distributing profits).

CIT Return Due Date:

The quarterly tax return should be due within 40 calendar days after the last day of the reporting quarter, but the deadline for submitting the fourth quarter CIT return (based on the quarterly reporting period) is 60 calendar days after the end of the reporting year. The annual tax return (based on the annual reporting period) should be due within 60 calendar days after the last day of the reporting 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:

According to the assessment based on the tax return, the payable taxes should be paid within ten calendar days after the deadline for submitting the relevant tax return.

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:

N/A

CIT Estimated Payment Due Date:

No estimated CIT payment.

Withholding Tax (WHT)

Ukraine

Latvia

Resident Withholding Tax (Dividend/Interest/Royalty):

N/A

Resident Withholding Tax (Dividend/Interest/Royalty):

None-Resident Withholding Tax (Dividend/Interest/Royalty):

15/15/15

None-Resident Withholding Tax (Dividend/Interest/Royalty):

0/0/0

Value-Added Tax (VAT)

Ukraine

Latvia

General VAT Rate:

Learn More

Value-Added Tax (VAT)

General VAT Rate:

Learn More

Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Ukraine

Latvia

General Capital Gain Tax Rate:

Capital gains are subject to the standard corporate income tax rate of 18%.

General Capital Gain Tax Rate:

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

Effective Tax Rate (ETR)

Ukraine

Latvia

Composite Effective Average Tax Rate:

17.00%

Composite Effective Marginal Tax Rate:

0.00%

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Ukraine vs Latvia

Corporate Income Tax (CIT)

Withholding Tax (WHT)

Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Effective Tax Rate (ETR)

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