Canada vs Latvia: Effective tax rates for expenditure based tax incentives - Corporate

Canada
17.44 Percentage of taxable income
in 2025
Latvia
18 Percentage of taxable income
in 2025
Canada rank
20th
Latvia rank
17th

Effective tax rates for expenditure based tax incentives - Corporate over time

  • Canada
  • Latvia
05101520201920222025

How they compare

Latvia currently reports 18 Percentage of taxable income against 17.44 Percentage of taxable income in Canada, a difference of 0.56 Percentage of taxable income.

The two have swapped places 1 time across 7 shared years of data; in 2019 it was Canada ahead.

Canada ranks 20th and Latvia ranks 17th of 50 countries.

Across the 2 decades both report, Canada averaged higher in 1 and Latvia in 1.

Head to head by decade

Decade Canada Latvia Difference Ahead
2010s 18.35 Percentage of taxable income 18 Percentage of taxable income 0.35 Percentage of taxable income Canada
2020s 17.76 Percentage of taxable income 18 Percentage of taxable income 0.24 Percentage of taxable income Latvia

Averages of every year both report within each decade.

Frequently asked questions

Which has higher effective tax rates for expenditure based tax incentives - corporate, Canada or Latvia?
Latvia, at 18 Percentage of taxable income against 17.44 Percentage of taxable income in Canada as of 2025.
What is the difference in effective tax rates for expenditure based tax incentives - corporate between Canada and Latvia?
0.56 Percentage of taxable income, with Latvia ahead.
How many years of comparable data are there for Canada and Latvia?
7 years are reported by both, from 2019 to 2025.
How do Canada and Latvia rank globally for effective tax rates for expenditure based tax incentives - corporate?
Canada ranks 20th and Latvia ranks 17th of 50 countries.
Where does this data come from?
Organisation for Economic Co-operation and Development, published as Effective tax rates for expenditure based tax incentives - Corporate tax statistics — Effective average tax rate. Statizoid refreshes it automatically from the source and publishes the full history for both places.

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Canada vs Latvia: Effective tax rates for expenditure based tax incentives - Corporate. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 16 September 2026, from https://economy.statizoid.com/compare/effective-tax-rates-for-expenditure-based-tax-incentives-corporate-tax-statistics/canada/latvia/

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About this data

Indicator
Effective tax rates for expenditure based tax incentives - Corporate tax statistics — Effective average tax rate
Unit
Percentage of taxable income
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
55 places, 385 data points, 2019–2025
Last refreshed

This table reports synthetic tax policy indicators that capture the effect of expenditure-based R&D tax incentives on firms’ investment costs: The EATR for R&D measures the impact of taxation on R&D investments that earn an economic profit. the user cost of capital for R&D measures the return that a firm needs to realise on an R&D investment before tax to offset all costs and taxes that arise from the investment, making zero economic profit. Further methodological information is available in the explanatory annex.