From 1 January 2010, the amended Law on Personal Income Tax imposes a tax on income earned by individuals from capital. In accordance with the law the profit derived from all deposit types is subject to the tax at the rate of ten percent. The tax will be cashed from the gained profit interest instead of the whole deposit amount.
57 Elizabetes Str., Riga, LV-1772, Latvia
Ph.: +371 67019393