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Sweden vs Portugal
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

🇸🇪 Sweden
vs
🇵🇹 Portugal
Tax Year:

💰 Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country — side by side.

Enter your annual income above to see your personal tax comparison →

Individual Income Tax (Top Marginal Rate)

Top Income Tax Rate
32–52%
Threshold adjustments; municipal variation continues
No change
13.25–48%
48% top rate; further bracket relief phasing in
No change

VAT / GST / Sales Tax

VAT / GST / Sales Tax
6–25%
Standard 25% maintained
No change
6–23%
23% standard; food VAT reductions under review
No change

Corporate Tax Rate

Corporate Tax Rate
20.6%
Pillar Two compliance for MNCs
No change
19%
Gradual reduction to 15% by 2030; 19% for 2026
-2.0pp vs 2025

Capital Gains Tax

Capital Gains Tax
30%
Capital income tax rate unchanged
No change
28%
28% flat; IFICI regime for new residents
No change

Social Security & Payroll

Social Security / Payroll
31.42%
Employer social contributions unchanged
No change
~34.75%
Stable; pension reform discussions ongoing
No change
State, Regional & Local Taxes

🇸🇪 SwedenMunicipal Income Tax

Sweden's 290 municipalities and 21 regions each set their own income tax, ranging from ~29% to 35% (avg ~32%). The state income tax of 20% only applies above ~SEK 598,500. Church of Sweden members pay ~1% church fee. No local corporate tax variation.

🇵🇹 PortugalMunicipal & 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.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Sweden vs Portugal: Key Tax Differences (2026)

💰 Income Tax: 🇸🇪 Sweden has a higher top income tax rate (32–52% vs 13.25–48%). 🇵🇹 Portugal is more favourable for high earners.

🛒 VAT/Sales Tax: Sweden has a higher consumption tax (6–25% vs 6–23%).

🏢 Corporate Tax: 🇵🇹 Portugal offers a lower corporate rate (19% vs 20.6%), which can influence business location decisions.

📈 Capital Gains: 🇵🇹 Portugal taxes investment gains at a lower rate (28% vs 30%), benefiting investors.

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