Finland vs Latvia

20

20 (only payable when distributing profits).

Four months from the end of the accounting period.

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).

Taxpayers can apply to modify the prepayment of tax until the tax assessment is completed (within ten months from the end of the fiscal year). The deadline for the final CIT payment is the third day of the second month after the completion of the tax assessment for the current year.

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.

The company's prepayment of taxes is collected in two installments or 12 installments during the tax year. If the total amount to be paid does not exceed 2000 euros, the installments will be due in the third and ninth months of the accounting period. If the total amount to be paid exceeds 2000 euros, the installments will be due monthly (on the 23rd of each month). The tax authorities can collect or increase prepayment of taxes without application within two months after the end of the fiscal year. The tax authorities may reduce or cancel prepayment of taxes (with or without the taxpayer's application) until the tax assessment is completed.

No estimated CIT payment.

0/0/0

20/0/15

0/0/0

25.5

21

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

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

19.71%

17.00%

22.6%

0.00%