Latvia Tax Exempt Income

The following forms of income are exempt from tax if they are received by an individual:

  • Proceeds from the sale of a residential apartment that has been held for at least 12 months.
  • Receipts from a private pension fund.
  • Prizes from lotteries and games of chance to the maximum defined in law.
  • Income from government and municipal bonds.
  • Travel expenses to the place of work, subject to the conditions specified.
  • Receipts from religious institutions on condition that they do not exceed the minimum taxable income.




Bulgaria Tax exempt income | China Tax exempt income | Cyprus Tax exempt income | Estonia Tax exempt income | Finland Tax exempt income | Germany Tax exempt income | Greece Tax exempt income | Hungary Tax exempt income | India Tax exempt income | Ireland Tax exempt income | Israel Tax exempt income | Italy Tax exempt income | Japan Tax exempt income | Latvia Tax exempt income | Lithuania Tax exempt income | Malta Tax exempt income | Poland Tax exempt income | Portugal Tax exempt income | Romania Tax exempt income | Russia Tax exempt income | Serbia Tax exempt income | Slovakia Tax exempt income | Slovenia Tax exempt income | Turkey Tax exempt income