Portugal Capital Gains Tax Calculator: Shares and Property

Calculate the capital gains tax in Portugal on shares, ETFs and property: the 28% rate or aggregation, the holding exclusions and the 50% rule for homes.

Tax on the gain

β€”Gain
β€”Taxable part
β€”Effective rate
β€”Gain after tax
β€”Flat rate (28%)
β€”With aggregation

The coefficient comes from the yearly Portaria for the year of purchase; use 1 for purchases less than 2 years ago.

What it does

In Portugal the gain on shares, ETFs and funds is taxed at a 28% flat rate, or with your other income if you choose to aggregate it; listed securities held for more than 2 years have part of the gain excluded. For property, the purchase price is updated by the currency devaluation coefficient and only 50% of the gain is added to your income. Selling your own home and reinvesting in another excludes the gain in proportion to the amount reinvested.

How to use it

  1. Choose shares or property and type the sale and purchase values and the costs.
  2. Type the years held (shares) or the coefficient and the reinvestment (property), and your other income.
  3. Read the tax on the gain and which option costs less.

The arithmetic runs in your browser. Nothing you type is sent anywhere and nothing is stored, so you can use these with real numbers.

Frequently asked questions

How are share gains taxed in Portugal?
At 28% on the gain, or at the IRS rates if you aggregate. Listed shares and funds held for over 2 years have 10% of the gain excluded, 20% from 5 years and 30% from 8 years.

How is the sale of a property taxed?
Only 50% of the gain is added to your other income and taxed at your IRS rates. The purchase price is updated by the coefficient, and works of the last 12 years and costs come off.

When is aggregation mandatory?
When shares held for less than 365 days give a gain and your taxable income, with that gain, reaches €86,634, the threshold of the top IRS bracket.

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