Taxes in Latvia

Taxes in Latvia fund public services and apply differently to employment, business, property, purchases, and investment income. The State Revenue Service, known as Valsts ieņēmumu dienests or VID, manages much of the system. Tax residence, income type, and available reporting information determine what a person may need to declare.

Tip

Keep your Latvian tax records throughout the year instead of rebuilding them at declaration time. Check that VID has accurate contact and activity information, and review payslips even when an employer handles deductions. Get qualified advice when income crosses borders or does not fit a simple employment pattern.