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http://www.baltic-course.com/eng/good_for_business/?doc=126160Latvia-based seed startups will pay a flat tax of 252 euros per employee on salaries below 4,050 euros per month. Thus, a 1,200-euro salary paid by a startup in Latvia will be subject to personal income and social insurance taxes at a rate of 21%, while the same amount of salary in Lithuania would be taxed at a rate of 54.98%.