Web21% (for the remaining taxable income) 13% (for the first € 15,000 of taxable income) 20% (for the remaining taxable income) 13.6% (for the first € 15,000 of taxable income) 16.8% (for the remaining taxable income) Resident entities that do not carry out a commercial, industrial or agricultural activity as their main activity. 21%. 20%. 16.8%. WebThe tax rate for foreigners in Portugal who are considered non-residents is 25% on all income earned. So, if you made €50,000 in Portugal in 2024, you would owe $12,500. While you’ll also pay a flat 28% rate on income earned from interest or dividends, capital gains from selling shares may be exempt for taxes. Otherwise the 28% rate applies.
2024 Corporate Tax Rates in Europe Tax Foundation
WebJan 3, 2024 · The local surtax is assessed and paid when filing the CIT return. A state surtax (Derrama Estadual) applies (prior to the deduction of any available carryforward tax losses) at the following rates: 3% applicable to the taxable profit exceeding EUR 1.5 million and … WebFeb 28, 2024 · Portugal had the highest combined corporate income tax rate in 2024, reaching nearly 31.5 percent, and was followed by Germany with a rate of 29.94 percent. coway origin
Corporate Tax in Portugal
WebDec 13, 2024 · The following chart shows a distribution of corporate income tax rates among 225 jurisdictions in 2024. A plurality of countries (118 total) impose a rate above 20 percent and below or at 30 percent. Eighteen jurisdictions have a statutory corporate tax rate above 30 percent and below or at 35 percent. WebIn order to incorporate or register a business in Portugal, one has to indicate what both the main activity and ancillary activities (if any) will be, preferably including the Portuguese classification code. ... In respect of business entities, the tax identification number is simultaneously the corporation tax reference number, the VAT ... WebIn order to incorporate or register a business in Portugal, one has to indicate what both the main activity and ancillary activities (if any) will be, preferably including the Portuguese … coway outright purchase