TaxGlass

LU · Europe ↔ PT · Europe

Luxembourg vs Portugal: tax rates compared

Portugal's income tax rate is 7.2pp higher than Luxembourg's (53% vs 45.8%). The 37-country average is 43.2%: both sit above it.

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

Income Tax

0102030405060World avg 43.2%LU 45.8%PT 53%
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 higherlargest gap on this page

Corporate Tax

0102030405060World avg 22.6%LU 23.9%PT 30.5%
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

0102030405060World avg 19.5%LU 17%PT 23%
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 2026-01-26
Difference−6 ppPortugal higher

Portugal's VAT rate is 6pp higher than Luxembourg's (23% vs 17%). The 37-country average is 19.5%: Luxembourg sits below it, Portugal sits above it.

Wealth Tax

0102030405060World avg 0.1%LU 0%PT 0%
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.

Not covered for both countries yet: Capital Gains Tax, Crypto Tax.