Portugal vs Denmark
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
💰 Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country — side by side.
Individual Income Tax (Top Marginal Rate)
VAT / GST / Sales Tax
Corporate Tax Rate
Capital Gains Tax
Social Security & Payroll
🇵🇹 Portugal — 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.
🇩🇰 Denmark — Municipal Income Tax
Denmark's 98 municipalities set local income tax (kommuneskat) at ~22.8%–27.8%. The national state tax adds 15% (top bracket). Combined rates including AM contribution (8% of gross) make Denmark one of the world's highest-tax nations at ~55–56% effective top. Church tax (~0.7%) applies to members. Property value tax is nationally set.
Portugal vs Denmark: Key Tax Differences (2026)
💰 Income Tax: 🇩🇰 Denmark has a higher top income tax rate (13.25–48% vs ~55.9%). 🇵🇹 Portugal is more favourable for high earners.
🛒 VAT/Sales Tax: Denmark has a higher consumption tax (6–23% vs 25%).
🏢 Corporate Tax: 🇵🇹 Portugal offers a lower corporate rate (19% vs 22%), which can influence business location decisions.
📈 Capital Gains: 🇵🇹 Portugal taxes investment gains at a lower rate (28% vs 42%), benefiting investors.