Azores or Morocco: which taxes less?

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

Lighter: Azores, ahead by 0.7 FiScore point.

Tax Azores Morocco Gap
Corporate income tax headline rate 14% 20% −6.0 points
Personal income tax top bracket 0% to 36.2% 0% to 37% −0.8 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%

Morocco

Profit under 100 M MAD 20%
Profit of 100 M MAD and over 35%
Banks and insurance Bank Al-Maghrib, CDG, insurance and reinsurance 40%
See the Azores page See the Morocco page