Azores
5.3/10
106th of 217
Azores or Tonga: which taxes less?
Both tax systems side by side, headline rates and the gap between them.
Level pegging: Azores and Tonga weigh about the same on the taxpayer.
Tonga
5.3/10
99th of 217
| Tax | Azores | Tonga | Gap |
|---|---|---|---|
| Corporate income tax headline rate | 14% | 25% | −11.0 points |
| Personal income tax top bracket | 0% to 36.2% | 0% to 25% | +11.2 points |
| VAT standard rate | 18% | 15% | +3.0 points |
Detailed schedules
Corporate income tax
Azores
| General regional regime | 14% |
| SMEs: first 50,000 euros of profit | 11.9% |
Tonga
n/a
Personal income tax
Azores
n/a
Tonga
| Up to 12,000 TOP Scale effective since July 1, 2021 | 0% |
| 12,001 to 30,000 TOP | 10% |
| 30,001 to 50,000 TOP | 15% |
| 50,001 to 70,000 TOP | 20% |
| Over 70,000 TOP | 25% |
- Azores : www.portugalglobal.pt
- Tonga : www.revenue.gov.to