WorldTax Compare← All Comparisons

Brazil vs Bulgaria
Tax Rate Comparison

Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.

πŸ‡§πŸ‡· Brazil
vs
πŸ‡§πŸ‡¬ Bulgaria
Tax Year:

πŸ’° Personal Income Tax Calculator

Enter your income to see your estimated annual tax liability in each country β€” side by side.

Enter your annual income above to see your personal tax comparison β†’
Individual Income Tax (Top Marginal Rate)
Top Income Tax Rate
0–27.5%
Zero-rate up to R$5,000/mo fully effective
No change
10%
10% flat; EU lowest; reform pressure growing with deficits
No change
VAT / GST / Sales Tax
VAT / GST / Sales Tax
~27.5% combined
IBS+CBS advancing; ICMS/ISS phasing out
β–Ό -0.5pp vs 2025
9–20%
Standard 20%; 9% for hospitality
No change
Corporate Tax Rate
Corporate Tax Rate
34%
34% maintained; reform discussions ongoing
No change
10%
10% maintained; Pillar Two compliance active
No change
Capital Gains Tax
Capital Gains Tax
15–22.5%
Offshore income now fully captured
No change
10%
10% flat
No change
Social Security & Payroll
Social Security / Payroll
~36%
Payroll simplification proposals ongoing
No change
~32.7%
Pension system under significant pressure
No change
State, Regional & Local Taxes

πŸ‡§πŸ‡· Brazil β€” State & Municipal Taxes

Brazil has one of the world's most complex tax systems. States levy ICMS at 7%–18% varying by state. Municipalities levy ISS (services tax) at 2%–5% and IPTU (urban property tax). A sweeping tax reform (EC 132/2023) is gradually replacing ICMS/ISS with unified IBS and CBS taxes through 2033. States impose ITCMD (inheritance/gift tax) up to 8%.

πŸ‡§πŸ‡¬ Bulgaria β€” Municipal Taxes

Bulgaria's 265 municipalities set local tax rates within nationally defined bands. Property tax (danuk varhu nedvizhimi imoti) is levied at 0.01%–0.45% of the property's tax value (set by municipalities). Vehicle tax and patent tax for micro-enterprises are also locally determined. Sofia Municipality applies higher property tax coefficients than rural areas. Bulgaria has the EU's lowest flat income and corporate tax rates at 10%, making it a competitive jurisdiction for businesses.

⚠️ Disclaimer: Rates shown are standard top/headline rates for informational purposes. Actual tax liability depends on income level, residency, deductions, and tax treaties. 2025–2026 data reflects announced or enacted rates and may be subject to change. Not financial or legal advice.

Brazil vs Bulgaria: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡§πŸ‡· Brazil has a higher top income tax rate (0–27.5% vs 10%). πŸ‡§πŸ‡¬ Bulgaria is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Brazil has a higher consumption tax (~27.5% combined vs 9–20%).

🏒 Corporate Tax: πŸ‡§πŸ‡¬ Bulgaria offers a lower corporate rate (10% vs 34%), which can influence business location decisions.

πŸ“ˆ Capital Gains: πŸ‡§πŸ‡¬ Bulgaria taxes investment gains at a lower rate (10% vs 22.5%), benefiting investors.

Related Comparisons

πŸ‡§πŸ‡· Brazil vs πŸ‡¦πŸ‡· ArgentinaTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡§πŸ‡΄ BoliviaTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡¨πŸ‡¦ CanadaTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡¨πŸ‡± ChileTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡¨πŸ‡΄ ColombiaTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡ͺπŸ‡¨ EcuadorTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡©πŸ‡ͺ GermanyTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡²πŸ‡½ MexicoTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡΅πŸ‡Ύ ParaguayTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡΅πŸ‡ͺ PeruTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡ΊπŸ‡Έ United StatesTax comparisonπŸ‡§πŸ‡· Brazil vs πŸ‡ΊπŸ‡Ύ UruguayTax comparison