LU · EuropePT · Europe

Luxembourg vs Portugal: tax rates compared

Portugal's income tax rate is 7.2pp higher than Luxembourg's (53% vs 45.8%). The 200-country average is 28%: both sit above it.

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

0102030405060Income45.8%53%Corporate23.9%30.5%VAT17%23%Capital Gains0%28%Crypto0%28%Wealth Tax0%
six shared taxes, side by side
Tax LU PTDifference
Income Tax45.8%53%PT +7.2 pp
Corporate Tax23.9%30.5%PT +6.6 pp
VAT17%23%PT +6 pp
Capital Gains Tax0%28%PT +28 pplargest gap
Crypto Tax0%28%PT +28 pp
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Luxembourg45.8%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Portugal53%Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01
Difference−7.2 ppPortugal higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Luxembourg23.9%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−6.6 ppPortugal higher

Portugal's corporate tax rate is 6.6pp higher than Luxembourg's (30.5% vs 23.9%). The 201-country average is 22.6%: both sit above it.

VAT

VAT, side by side
CountryRateSource
Luxembourg17%Source: PWC Worldwide Tax Summaries — Luxembourg (Corporate, Other taxes) · as of 2026-01-13
Portugal23%Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-07-24
Difference−6 ppPortugal higher

Portugal's VAT rate is 6pp higher than Luxembourg's (23% vs 17%). The 181-country average is 15%: both sit above it.

Capital Gains Tax

Capital Gains Tax, side by side
CountryRateSource
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Income determination) · as of 2026-01-13
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 Luxembourg's (28% vs 0%). The 175-country average is 10.3%: Luxembourg sits below it, Portugal sits above it.

Crypto Tax

Portugal's crypto tax rate is 28pp higher than Luxembourg's (28% vs 0%). The 88-country average is 13%: Luxembourg sits below it, Portugal sits above it. Luxembourg's figure is dated 2018-07-26 and Portugal's 2026-06-25, so the two rates come from different data vintages.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Luxembourg0%Source: PWC Worldwide Tax Summaries — Luxembourg (Individual, Other taxes) · as of 2026-01-13
Portugal0%Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05
Difference0 ppdisplayed rates match

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