Azores or Estonia: which taxes less?

Both tax systems side by side, headline rates and the gap between them.

Level pegging: Azores and Estonia weigh about the same on the taxpayer.

Tax Azores Estonia Gap
Corporate income tax headline rate 14% 22% −8.0 points
Personal income tax top bracket 0% to 36.2% 22% +14.2 points
VAT standard rate 18% 20% −2.0 points

Detailed schedules

Corporate income tax

Azores

General regional regime 14%
SMEs: first 50,000 euros of profit 11.9%

Estonia

Distributed profits 22/78 of net amount paid 22%
Reinvested profits deferred taxation with no time limit 0%