Americas
Currency
BRL
Corporate Tax
34%
Personal Income Tax
27.5%
VAT / GST
17%
IRPJ 15% + CSLL 9% (social contribution) = 34%; 20% + 9% for financial institutions.
Top rate 27.5% above BRL 4,664.80/month; 0-27.5% scale.
ICMS ~17% (state, varies) + PIS/COFINS 9.25% + IPI (federal excise); IBS/CBS reform pending.
Dividends
0%
Interest
15%
Royalties
15%
Rates shown are statutory; treaty networks may reduce withholding significantly. Verify against the relevant double-tax agreement.
INSS employer 20% (no cap) + 3% SAT; employee 7.5-14%; FGTS 8% employer (severance fund).
Capital Gains Tax
15–22.5% (monthly, exempt R$35k/month)
Inheritance / Estate Tax
4% ITCMD (state)
Capital (Net Worth) Tax
0%
Property Tax
IPTU ~0.3–1%
Rates are indicative headline figures and may omit holding-period exemptions, regional variation, and surcharges. Verify against current law before relying on them.
Treaties in force
~30
Key partners: Argentina, France, Germany, Italy, Japan, Portugal
Relatively limited network; no treaty with the USA. Withholding typically 10%–15%.
Treaty counts are approximate and change as agreements are signed, ratified, or terminated. Verify the status and withholding rates under the specific treaty before relying on them.
Calendar year
Notes
Dividends currently exempt (taxation pending in reform). Simplified regime Simples Nacional for SMEs.
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