Madeira or United States: which taxes less?

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

Lighter: United States, ahead by 0.7 FiScore point.

Tax Madeira United States Gap
Corporate income tax headline rate 14.7% 21% −6.3 points
Personal income tax top bracket 0% to 45.1% 10% to 37% +8.1 points
VAT standard rate 22% 11.73% +10.3 points

Detailed schedules

Corporate income tax

Madeira

General regional regime 14.7%
SMEs: first €50,000 profit 11.9%
Madeira International Business Centre guaranteed until 31 December 2033 5%

United States

Federal tax 21%
State tax 0% to over 9% depending on the state n/a