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Latvia Flag

Latvia #32

World Rank: # Population: 5
Country Treasury
Gold
Total 61.00
Reserved 0.00
Available 61.00
LVL
Total 5523.83
Reserved 0.00
Available 5523.83
Tax Rates
5.00%
VAT (Sales Tax)
Applied when companies sell goods to market
10.00%
Import Tax
Applied to foreign companies (bypassed with export license)
10.00%
Work Tax
Applied to worker wages from employment
Treasury Income & Expenditure
Financial Overview
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How Taxes Work
VAT (Sales Tax)

When companies sell products to the country market, 5.00% of the sale proceeds go to the treasury. This applies to all goods regardless of origin.

Import Tax

Foreign companies selling to this market pay an additional 10.00% import tax. Companies can purchase an export license (20 Gold) to bypass this tax.

Work Tax

Workers pay 10.00% tax on wages earned from employment. The tax is automatically deducted from wages and goes to the treasury.

Tax Revenue

All tax revenue flows directly to the country treasury and can be used by the government for country development, military expenses, and public services. Tax rates can be changed through laws proposed by the Minister of Finance and approved by Congress.

Active Wars

Latvia is at Peace

No active military conflicts

Military Statistics
8
Total Battles
3
Victories
5
Defeats
37.5%
Win Rate
166,879
Total Damage
20,860
Avg Damage/Battle
Battle Breakdown
As Attacker
Battles 4
Won 2
Win Rate 50.0%
As Defender
Battles 4
Won 1
Win Rate 25.0%
Recent Battles
Victory
Latgale
vs Ukraine
2 - 1 ATK
May 25
Victory
Kurzeme
vs Ukraine
2 - 1 ATK
May 21
Defeat
Kurzeme
vs Ukraine
0 - 3 ATK
May 18
Defeat
Riga
vs Ukraine
1 - 2 ATK
May 12
Defeat
Kurzeme
vs Ukraine
0 - 3 DEF
Apr 12

Country President

No current president

Congress (0)

No active congress

Government Cabinet

Minister of Foreign Affairs

Position vacant

Minister of Defence

Position vacant

Minister of Finance

Position vacant

Active Elections

View All Elections
Presidential Election View Details
Nominations Open
Until Jun 05, 07:00

Party presidents can nominate one candidate from their party.

Login to participate in elections

Congressional Election View Details
Applications Open
Until Jun 15, 07:00

Party members can apply to run. Applications must be approved by party president.

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Login to participate in revolutions.
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