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Latvia tax rates and paying yourself dividends

@PierreDeWulf It's quite high in Latvia too (see the picture), but there is another option. You can start a company and pay yourself dividends CIT is 20% (effective rate 25%) and IIT is 0%. It means that from $300k you will get $225k. Which is not so bad.

Latvia tax rates and paying yourself dividends

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PS: I'm pretty active on 𝕏 if you'd like to follow along

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