Liberia vs Portugal
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
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๐ฑ๐ท Liberia โ County & District Taxes
Liberia's 15 counties and districts collect local taxes including property tax (1%โ3% of market value), business licence fees, and local service charges. The Liberia Revenue Authority (LRA) administers national taxes. Liberia uses the US dollar alongside the Liberian dollar. The country was devastated by civil wars (1989โ2003) and the 2014โ16 Ebola epidemic. Iron ore (ArcelorMittal, China Union), rubber, palm oil, and timber are key exports. Tax reform has been a focus of post-conflict reconstruction under successive administrations.
๐ต๐น Portugal โ 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.
Liberia vs Portugal: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ต๐น Portugal has a higher top income tax rate (0โ25% vs 13.25โ48%). ๐ฑ๐ท Liberia is more favourable for high earners.
๐ VAT/Sales Tax: Portugal has a higher consumption tax (10% vs 6โ23%).
๐ข Corporate Tax: ๐ต๐น Portugal offers a lower corporate rate (19% vs 25%), which can influence business location decisions.
๐ Capital Gains: ๐ฑ๐ท Liberia taxes investment gains at a lower rate (15% vs 28%), benefiting investors.