AM · AsiaPT · Europe

Armenia vs Portugal: tax rates compared

Between the two, Portugal's income tax rate (53%) tops Armenia's (20%) by 33pp. The 200-country average is 28%: Armenia sits below it, Portugal sits above it. Armenia's figure is dated 2023-01-01 and Portugal's 2025-01-01, so the two rates come from different data vintages.

Verified data covers six of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income20%53%Corporate18%30.5%VAT20%23%Capital Gains0%28%Crypto0%28%Wealth Tax0%
six shared taxes, side by side
Tax AM PTDifference
Income Tax20%53%PT +33 pplargest gap
Corporate Tax18%30.5%PT +12.5 pp
VAT20%23%PT +3 pp
Capital Gains Tax0%28%PT +28 pp
Crypto Tax0%28%PT +28 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Armenia20%Source: EY Worldwide Personal Tax and Immigration Guide (March 2026) — Armenia · as of 2023-01-01
Portugal53%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−33 ppPortugal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Armenia18%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Portugal30.5%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−12.5 ppPortugal higher

Between the two, Portugal's corporate tax rate (30.5%) tops Armenia's (18%) by 12.5pp. The 201-country average is 22.6%: Armenia sits below it, Portugal sits above it.

VAT

VAT, side by side
CountryRateSource
Armenia20%Source: PWC Worldwide Tax Summaries — Armenia (Corporate, Other taxes) · as of 2026-06-30
Portugal23%Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-07-24
Difference−3 ppPortugal higher

Between the two, Portugal's VAT rate (23%) tops Armenia's (20%) by 3pp. The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Armenia0%Source: EY Worldwide Personal Tax and Immigration Guide 2026 — Armenia · as of 2025-10-01
Portugal28%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Income determination) · as of 2026-07-24
Difference−28 ppPortugal higher

Between the two, Portugal's capital gains tax rate (28%) tops Armenia's (0%) by 28pp. The 175-country average is 10.3%: Armenia sits below it, Portugal sits above it. Armenia's figure is dated 2025-10-01 and Portugal's 2026-07-24, so the two rates come from different data vintages.

Crypto Tax

Crypto Tax, side by side
CountryRateSource
Armenia0%Source: IMF Fiscal Affairs Department — Republic of Armenia: Tax Compliance and Crypto Assets (Technical Assistance Report, July 2024) · as of 2024-07-01
Portugal28%Source: Autoridade Tributária e Aduaneira — Criptoativos: Conceito fiscal e tributação · as of 2026-06-25
Difference−28 ppPortugal higher

Between the two, Portugal's crypto tax rate (28%) tops Armenia's (0%) by 28pp. The 88-country average is 13%: Armenia sits below it, Portugal sits above it. Armenia's figure is dated 2024-07-01 and Portugal's 2026-06-25, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Armenia0%Source: PWC Worldwide Tax Summaries — Armenia (Net wealth/worth tax rates) · as of 2026-06-30
Portugal0%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05
Difference0 ppdisplayed rates match

There's no gap here — Armenia and Portugal both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.