PT · EuropeTH · Asia
Portugal vs Thailand: tax rates compared
Portugal's income tax rate is 18pp higher than Thailand's (53% vs 35%). The 200-country average is 28%: both sit above it. Portugal's figure is dated 2025-01-01 and Thailand's 2026-02-02, 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
| Tax | PT | TH | Difference |
|---|---|---|---|
| Income Tax | 53% | 35% | PT +18 pp |
| Corporate Tax | 30.5% | 20% | PT +10.5 pp |
| VAT | 23% | 7% | PT +16 pp |
| Capital Gains Tax | 28% | 0% | PT +28 pplargest gap |
| Crypto Tax | 28% | 15% | PT +13 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Portugal | 53% | Source: OECD Tax Database — Top statutory personal income tax rates · as of 2025-01-01 |
| Thailand | 35% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Taxes on personal income) · as of 2026-02-02 |
| Difference | +18 pp | Portugal higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Portugal | 30.5% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Thailand | 20% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | +10.5 pp | Portugal higher |
Portugal's corporate tax rate is 10.5pp higher than Thailand's (30.5% vs 20%). The 201-country average is 22.6%: Portugal sits above it, Thailand sits below it.
VAT
| Country | Rate | Source |
|---|---|---|
| Portugal | 23% | Source: PWC Worldwide Tax Summaries — Portugal (Corporate, Other taxes) · as of 2026-07-24 |
| Thailand | 7% | Source: PWC Worldwide Tax Summaries — Thailand (Corporate, Other taxes) · as of 2026-02-02 |
| Difference | +16 pp | Portugal higher |
Portugal's VAT rate is 16pp higher than Thailand's (23% vs 7%). The 181-country average is 15%: Portugal sits above it, Thailand sits below it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Portugal | 28% | Source: PWC Worldwide Tax Summaries — Portugal (Individual, Income determination) · as of 2026-07-24 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02 |
| Difference | +28 pp | Portugal higher |
Portugal's capital gains tax rate is 28pp higher than Thailand's (28% vs 0%). The 175-country average is 10.3%: Portugal sits above it, Thailand sits below it.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Portugal | 28% | Source: Autoridade Tributária e Aduaneira — Criptoativos: Conceito fiscal e tributação · as of 2026-06-25 |
| Thailand | 15% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Income determination) · as of 2026-02-02 |
| Difference | +13 pp | Portugal higher |
Portugal's crypto tax rate is 13pp higher than Thailand's (28% vs 15%). The 88-country average is 13%: both sit above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Portugal | 0% | Source: PWC Worldwide Tax Summaries — Portugal (Individual, Other taxes) · as of 2026-01-05 |
| Thailand | 0% | Source: PWC Worldwide Tax Summaries — Thailand (Individual, Other taxes) · as of 2026-02-02 |
| Difference | 0 pp | displayed rates match |
Portugal's wealth tax rate is identical to Thailand's — both sit at 0%. The 193-country average is 0.1%: both sit below it.