Japan vs Latvia
Corporate Tax Comparison
Time of Update: Japan: 4/03/2026 / Latvia: 4/04/2026
Compare Japan and Latvia corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.
Japan vs Latvia Corporate Tax Comparison
Basic Corporate Tax Comparison
Corporate Income Tax (CIT)
Japan
Latvia
General CIT Rate:
23.2
General CIT Rate:
20 (only payable when distributing profits).
CIT Return Due Date:
Within two months after the end of the company's fiscal 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:
Within two months after the end of the company's fiscal year.
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:
Within two months after the end of the sixth month of the company's accounting period.
CIT Estimated Payment Due Date:
No estimated CIT payment.
Withholding Tax (WHT)
Japan
Latvia
Resident Withholding Tax (Dividend/Interest/Royalty):
20/20/0
Resident Withholding Tax (Dividend/Interest/Royalty):
NA
None-Resident Withholding Tax (Dividend/Interest/Royalty):
15/20/20
None-Resident Withholding Tax (Dividend/Interest/Royalty):
0/0/0
Value-Added Tax (VAT)
Capital Gain Tax (CGT)
Japan
Latvia
General Capital Gain Tax Rate:
Capital gains are subject to 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)
Japan
Latvia
Composite Effective Average Tax Rate:
28.36
Composite Effective Average Tax Rate:
17.00%
Composite Effective Marginal Tax Rate:
29.26
Composite Effective Marginal Tax Rate:
0.00%
