The Sales Tax Rate in Portugal stands at 23 percent.

Sales Tax Rate in Portugal averaged 21.19 percent from 2000 until 2020, reaching an all time high of 23 percent in 2011 and a record low of 17 percent in 2001. This page provides - Portugal Sales Tax Rate | VAT - actual values, historical data, forecast, chart, statistics, economic calendar and news. Portugal Sales Tax Rate - VAT - values, historical data and charts - was last updated on July of 2020.

Sales Tax Rate in Portugal is expected to reach 23.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Portugal Sales Tax Rate - VAT is projected to trend around 23.00 percent in 2021, according to our econometric models.

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Portugal Sales Tax Rate - VAT

Actual Previous Highest Lowest Dates Unit Frequency
23.00 23.00 23.00 17.00 2000 - 2020 percent Yearly

Portugal Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 21.00 21.00 55.10 21.00 percent [+]
Personal Income Tax Rate 48.00 48.00 48.00 40.00 percent [+]
Sales Tax Rate 23.00 23.00 23.00 17.00 percent [+]
Social Security Rate 34.75 34.75 35.50 10.50 percent [+]
Social Security Rate For Companies 23.75 23.75 24.50 23.75 percent [+]
Social Security Rate For Employees 11.00 11.00 11.00 10.50 percent [+]


Portugal Sales Tax Rate - VAT
In Portugal, the sales tax rate is a tax charged to consumers based on the purchase price of certain goods and services. The benchmark we use for the sales tax rate refers to the highest rate. Revenues from the Sales Tax Rate are an important source of income for the government of Portugal.