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Latvia updates tax havens list

Latvia’s Finance Ministry published an updated list of tax havens on June 27.

The list comprises the following tax jurisdictions: Anguilla, Bahamas, British Virgin Islands, Costa Rica, Fiji, Guam, Marshall Islands, Palau, Panama, Russia, Samoa, Trinidad and Tobago, Turks and Caicos Islands, US Virgin Islands, and Vanuatu.

A 20 percent withholding tax rate applies to dividends, interest, and royalty payments made to entities located in tax jurisdictions covered in the list.

The updated list applies from July 1, 2023.

Latvia updates tax havens list was last modified: June 29th, 2023 by newstp
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