🇵🇹 Portugal Tax Guide - Income Tax, Corporate Tax & Special Regimes

Top income tax 48.0% effective 53.0%

Corporate tax 19.0%

IVA 23.0% standard rate

Tax residency 183 days 78 tax treaties

Portugal tax profile

Data year: 2026

Tax system: Worldwide Residents are taxed on worldwide income. Non-residents are taxed on Portuguese-source income.
Top PIT rate: 48.0% (eff. 53.0%)
Corporate tax rate: 19.0%
IVA: 23.0%
Capital gains tax: 28.0% The general individual rate is 28%. Real-estate gains are generally included at 50% and taxed at progressive rates. Listed securities can receive holding-period exclusions, and non-security cryptoassets held for at least 365 days can qualify for exclusion.
Social security (employee): 11.0%
Social security (employer): 23.8%
Dividend withholding: 28.0%
Interest withholding: 28.0%
Royalty withholding: 25.0%
Inheritance tax: 10.0%
Treaty count: 78

Income tax brackets

Personal income

Personal income brackets
Bracket min	Bracket max	Rate	USD equivalent
EUR 0	EUR 8,342	12.5%	--
EUR 8,342	EUR 12,587	15.7%	--
EUR 12,587	EUR 17,838	21.2%	--
EUR 17,838	EUR 23,089	24.1%	--
EUR 23,089	EUR 29,397	31.1%	--
EUR 29,397	EUR 43,090	34.9%	--
EUR 43,090	EUR 46,566	43.1%	--
EUR 46,566	EUR 86,634	44.6%	--
EUR 86,634	and above	48.0%	--

Special regimes (1)

Special regimes
Name	Type	Rate/amount	Duration	Status
Tax Incentive for Scientific Research and Innovation (IFICI) Activity-based incentive for new residents working in eligible research, innovat...	Non dom	20.0%	10yr	Active

Tax flags

Crypto Rules Participation Exemption Non-Dom Regime

Tax residency

Days threshold: 183 days
Residency rules: Resident if present for more than 183 days in any 12-month period beginning or ending in the relevant year, or if a dwelling is available in circumstances indicating an intention to keep and occupy it as a habitual residence.
Exit tax: Yes Loss of Portuguese tax residence is treated as a disposal of cryptoassets. Corporate exit-tax rules also apply to transfers of residence or assets abroad.
CFC rules: Yes CFC rules can attribute income from a foreign entity where the Portuguese taxpayer holds at least 25% and the entity is in a listed jurisdiction or bears less than 50% of the equivalent Portuguese tax, subject to substantive-activity exceptions.
Non-dom regime: IFICI provides a 20% rate on eligible Portuguese-source employment and self-employment income for up to ten years and generally exempts foreign-source categories A, B, E, F and G. It is activity-based and does not automatically follow from a visa. The former NHR regime is discontinued for ordinary new entrants, while existing and qualifying transitional beneficiaries retain their remaining term.

Filing information

Fiscal year: 01-01 – 12-31
Filing deadline: June 30

Sources

Autoridade Tributária e Aduaneira — CIRS Article 68 (accessed Oct 9, 2026) Enacted 2026 mainland PIT brackets and rates
Autoridade Tributária e Aduaneira — CIRC Article 87 (accessed Oct 9, 2026) 19% general corporate rate for tax periods beginning in 2026 and 15% SME rate on the first EUR 50,000
Autoridade Tributária e Aduaneira — Tax residence FAQ (accessed Oct 9, 2026) Worldwide taxation of residents and domestic residence tests
Autoridade Tributária e Aduaneira — IFICI FAQ (accessed Oct 9, 2026) IFICI eligibility, 20% rate, foreign-income treatment, duration and registration
Autoridade Tributária e Aduaneira — CIRS Article 10 (accessed Oct 9, 2026) Cryptoasset capital-gains rules and deemed disposal on loss of residence
Portuguese Social Security — Employee guide (accessed Oct 9, 2026) Standard 11% employee and 23.75% employer social-security rates
Autoridade Tributária e Aduaneira — Double Taxation Agreements (accessed Oct 9, 2026) 79 treaties concluded, of which 78 are in force
PwC Portugal Tax Guide 2026 — PIT (accessed Oct 9, 2026) PIT, effective top rate, capital gains, withholding, filing and NHR/IFICI cross-check
PwC Worldwide Tax Summaries — Portugal (accessed Oct 9, 2026) VAT, social security, inheritance and wealth taxes, CFC rules, participation exemption and filing cross-check
Portuguese Parliament — Bill 108/XVII/2 (accessed Oct 9, 2026) Pending proposal to reduce the first six 2026 PIT rates; not reflected because it was not enacted by the cutoff

Change history

Oct 9, 2026
- Corporate tax rate 21 19
- Special regimes updated
retained enacted 2026 PIT rates because the September reduction remained a bill at the cutoff (https://app.parlamento.pt/webutils/docs/doc.pdf?fich=4dc1099d-a1b2-45fc-8aee-76d4c511f0c4.docx&Inline=true).

Portugal