Comparisson of taxes paid on dividends and profit recieved from abroad in Estonia and Latvia paid to Estonian residends
Example of calculation: Russian corporation earned profit before taxes of $100. $100 - 20% =$80 -15% = $68 - is the net dividends which will be received by Estonian resident.
The above information presented for illustrating purposes only and may not be considred as tax consultation or used as a base for business decisions. Taxation of particular transaction may vary from the circumstances and tax rates presented. Please contact our tax advisor for a consultation related to operations in Baltic and Eastern Europe