⚖️ 🇧🇳 Brunei vs 🇱🇻 Latvia
📊 AT A GLANCE
| Metric | 🇧🇳 Brunei | 🇱🇻 Latvia |
|---|---|---|
| Top Personal Income Tax | 0.00% | 33.00% |
| Effective Top PIT Rate | 0.00% | 33.00% |
| Corporate Tax Rate | 18.50% | 20.00% |
| VAT / GST | 0.00% | 21.00% (PVN) |
| Tax System | Territorial | Worldwide |
| Tax Treaties | 15 | 63 |
💰 INCOME TAX RATES
| Rate | Brunei | Latvia |
|---|---|---|
| Top PIT Rate | 0.00% | 33.00% |
| Effective Top PIT | 0.00% | 33.00% |
| Capital Gains Tax | 0.00% | 20.00% |
| CG Notes | No capital gains tax. | 20% flat. Real estate gains also 20%. |
| SS Employee | 5.00% | 10.50% |
| SS Employer | 8.50% | 23.59% |
🏦 WITHHOLDING RATES
| Type | Brunei | Latvia |
|---|---|---|
| Dividend WHT | 0.00% | 20.00% |
| Interest WHT | 0.00% | 20.00% |
| Royalty WHT | 0.00% | 20.00% |
📋 OTHER TAXES
| Tax | Brunei | Latvia |
|---|---|---|
| Corporate Tax | 18.50% | 20.00% |
| Inheritance Tax | — | 0.00% |
| Wealth Tax | — | — |
🔧 TAX FEATURES
| Feature | Brunei | Latvia |
|---|---|---|
| Personal Income Tax | No | Yes |
| Capital Gains Tax | No | Yes |
| Corporate Tax | Yes | Yes |
| VAT / GST | No | Yes |
| Wealth Tax | No | No |
| Inheritance Tax | No | No |
| Exit Tax | No | No |
| CFC Rules | No | Yes |
| Digital Services Tax | No | No |
| Crypto-Specific Rules | No | No |
| Participation Exemption | No | Yes |
| Territorial Exemption | Yes | No |
🌟 SPECIAL REGIMES
| Regime | Brunei | Latvia |
|---|---|---|
| Digital Nomad Tax Regime | No | No |
| Non-Dom Regime | No | No |
📅 RESIDENCY & FILING
| Detail | Brunei | Latvia |
|---|---|---|
| Residency Threshold | 183 days | 183 days |
| Residency Rules | No PIT so residency less relevant. Companies resident if incorporated or managed in Brunei. | Resident if declared domicile or present 183+ days in any 12-month period in Latvia |
| Filing Deadline | — | June 1 |
| Auto Extension | No | No |
| Filing Notes | — | EDS electronic filing. |
| CFC Rules Details | — | CFC rules under ATAD implementation |