Bhutan vs Portugal
Tax Rate Comparison
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π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π§πΉ Bhutan β Dzongkhag & Thromde Taxes
Bhutan's 20 dzongkhags (districts) and thromdes (municipalities) levy local land tax, cattle tax, and local fees. Bhutan is a constitutional monarchy pursuing Gross National Happiness over GDP. Corporate and business income taxes are primary revenue sources; personal income tax is minimal for most citizens given the country's structure. Bhutan has major hydropower export revenues from India and has become notable for state-enterprise cryptocurrency mining. The country is transitioning toward more market-oriented development with LDC graduation aspirations.
π΅πΉ Portugal β Municipal & Regional Taxes
Portugal's 18 districts and 308 municipalities levy a municipal IRS surcharge (Derrama Municipal) of up to 1.5% of taxable income on residents. Municipalities also apply the Derrama Municipal on corporate profits (up to 1.5%). Madeira and Azores autonomous regions have their own lower tax regimes: Madeira has a 14.7% corporate rate in the MIBC (international business centre). Real estate transfer taxes (IMT) are municipal. The NHR (Non-Habitual Resident) regime attracted many foreigners until 2024 when it was replaced by IFICI.
Bhutan vs Portugal: Key Tax Differences (2026)
π° Income Tax: π΅πΉ Portugal has a higher top income tax rate (0β25% vs 13.25β48%). π§πΉ Bhutan is more favourable for high earners.
π VAT/Sales Tax: Portugal has a higher consumption tax (0% vs 6β23%).
π’ Corporate Tax: π΅πΉ Portugal offers a lower corporate rate (19% vs 30%), which can influence business location decisions.
π Capital Gains: π§πΉ Bhutan taxes investment gains at a lower rate (0% vs 28%), benefiting investors.