PY · AmericasPT · Europe
Paraguay vs Portugal: tax rates compared
Between the two, Portugal's income tax rate (53%) tops Paraguay's (10%) by 43pp. The 200-country average is 28%: Paraguay sits below it, Portugal sits above it. Paraguay's figure is dated 2026-02-07 and Portugal's 2025-01-01, so the two rates come from different data vintages.
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
| Tax | PY | PT | Difference |
|---|---|---|---|
| Income Tax | 10% | 53% | PT +43 pplargest gap |
| Corporate Tax | 10% | 30.5% | PT +20.5 pp |
| VAT | 10% | 23% | PT +13 pp |
| Capital Gains Tax | 8% | 28% | PT +20 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Portugal | 53% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Difference | −43 pp | Portugal higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Paraguay | 10% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Portugal | 30.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −20.5 pp | Portugal higher |
Between the two, Portugal's corporate tax rate (30.5%) tops Paraguay's (10%) by 20.5pp. The 201-country average is 22.6%: Paraguay sits below it, Portugal sits above it.
VAT
| Country | Rate | Source |
|---|---|---|
| Paraguay | 10% | Source: PWC Worldwide Tax Summaries — Paraguay (Corporate, Other taxes) · as of 2026-02-07 |
| Portugal | 23% | Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-07-24 |
| Difference | −13 pp | Portugal higher |
Between the two, Portugal's VAT rate (23%) tops Paraguay's (10%) by 13pp. The 181-country average is 15%: Paraguay sits below it, Portugal sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Paraguay | 8% | Source: PWC Worldwide Tax Summaries — Paraguay (Individual, Taxes on personal income) · as of 2026-02-07 |
| Portugal | 28% | Source: PWC Worldwide Tax Summaries — Portugal (Individual, Income determination) · as of 2026-07-24 |
| Difference | −20 pp | Portugal higher |
Between the two, Portugal's capital gains tax rate (28%) tops Paraguay's (8%) by 20pp. The 175-country average is 10.3%: Paraguay sits below it, Portugal sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Paraguay | 0% | Source: PWC Worldwide Tax Summaries — Paraguay (Net wealth/worth tax rates) · as of 2026-02-07 |
| Portugal | 0% | Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Paraguay and Portugal both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it.
Not covered for both countries yet: Crypto Tax.