Azores or Switzerland: which taxes less?

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

Lighter: Azores, ahead by 0.9 FiScore point.

Tax Azores Switzerland Gap
Corporate income tax headline rate 14% 11.66% to 20.54% −6.5 points
Personal income tax top bracket 0% to 36.2% 0% to 51% −14.8 points
VAT standard rate 18% 7.7% +10.3 points

Detailed schedules

Corporate income tax

Azores

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

Switzerland

Lucerne combined federal, cantonal and communal effective rate 11.66%
Zug 11.71%
Geneva 14.7%
Zurich 19.47%
Bern 20.54%
Multinational groups revenue above €750M, since 2024 15%
See the Azores page See the Switzerland page