Portugal or Switzerland: which taxes less?

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

Lighter: Switzerland, ahead by 0.7 FiScore point.

Tax Portugal Switzerland Gap
Corporate income tax headline rate 19% 11.66% to 20.54% −1.5 points
Personal income tax top bracket 14.5% to 48% 0% to 51% −3.0 points
VAT standard rate 23% 7.7% +15.3 points

Detailed schedules

Corporate income tax

Portugal

General regime 18% in 2027, 17% in 2028 19%
SMEs: first €50,000 of profit 15%

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 Portugal page See the Switzerland page