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Belize vs Portugal: tax rates compared

Portugal's income tax rate is 28pp higher than Belize's (53% vs 25%). The 200-country average is 28%: Belize sits below it, Portugal sits above it.

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

At a glance

0102030405060Income25%53%Corporate0%30.5%VAT12.5%23%Capital Gains0%28%Wealth Tax0%
five shared taxes, side by side
Tax BZ PTDifference
Income Tax25%53%PT +28 pp
Corporate Tax0%30.5%PT +30.5 pplargest gap
VAT12.5%23%PT +10.5 pp
Capital Gains Tax0%28%PT +28 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Belize25%Source: Belize Income and Business Tax (Amendment) Act, 2024 (No. 40 of 2024) · as of 2025-01-01
Portugal53%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−28 ppPortugal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Belize0%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−30.5 ppPortugal higher

Portugal's corporate tax rate is 30.5pp higher than Belize's (30.5% vs 0%). The 201-country average is 22.6%: Belize sits below it, Portugal sits above it.

VAT

VAT, side by side
CountryRateSource
Belize12.5%Source: Belize Tax Service — General Sales Tax Act (Chapter 63, Revised Edition 2011) · as of 2011-12-31
Portugal23%Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-07-24
Difference−10.5 ppPortugal higher

Portugal's VAT rate is 10.5pp higher than Belize's (23% vs 12.5%). The 181-country average is 15%: Belize sits below it, Portugal sits above it. Belize's figure is dated 2011-12-31 and Portugal's 2026-07-24, so the two rates come from different data vintages.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act (Chapter 55, Revised Edition 2020) · as of 2020-12-31
Portugal28%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Income determination) · as of 2026-07-24
Difference−28 ppPortugal higher

Portugal's capital gains tax rate is 28pp higher than Belize's (28% vs 0%). The 175-country average is 10.3%: Belize sits below it, Portugal sits above it. Belize's figure is dated 2020-12-31 and Portugal's 2026-07-24, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Belize0%Source: Belize Income and Business Tax Act, Chapter 55 (Government of Belize, Attorney General's Ministry) · as of 2026-07-18
Portugal0%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05
Difference0 ppdisplayed rates match

Belize's wealth tax rate is identical to Portugal's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Crypto Tax.