Operational Information
Beneficial owners - Latvia - CFCL (Vestima)
CFCL | Latvia CFCL
Reference
Service level
CFCL
The following types of beneficial owners are recognised for tax purposes in Latvia
Investment funds | |
Beneficial owner | Tax Rate |
Non-resident legal entity | 0% |
Non-resident legal entity resident in a tax heaven country | 20% |
Non-resident individual (profits earned after 31 December 2017) | 0% |
Non-resident individual, if: - resident in a tax heaven country; or - profits earned prior 31 December 2017 paid in 2020 and afterwards) | 20% |
Latvian resident legal entity | 0% |
Latvian individual (profits earned after 31 December 2017) | 0% |
Latvian individual (profits earned prior 31 December 2017 paid in 2020 and afterwards) | 20% |