Latvia has second most competitive tax system among member of the Organization for Economic Cooperation and Development (OECD), according to the latest International Tax Competitiveness Index developed by US think tank Tax Foundation. Latvia in the rating ranks second with the overall score of 86 points, following Estonia that scored 100 points.
Assessing by category, Latvia ranked second in corporate tax rank, 27th among 35 OECD members in consumer tax rank, 6th in property tax rank, second in individual taxes rank, and fifth in international taxes rules rank.
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