WorldTax Compare← All Comparisons

Brazil vs Venezuela
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‡ͺ Venezuela
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
6–34%
34% top; dollarized economy stabilizing tax base
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
16%
16% IVA maintained
No change
Corporate Tax Rate
Corporate Tax Rate
34%
34% maintained; reform discussions ongoing
No change
15–34%
15–34%; oil sector investment incentives
No change
Capital Gains Tax
Capital Gains Tax
15–22.5%
Offshore income now fully captured
No change
34%
34% as income
No change
Social Security & Payroll
Social Security / Payroll
~36%
Payroll simplification proposals ongoing
No change
~20%
IVSS reform needed; formal sector growing slowly
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‡ͺ Venezuela β€” Municipal & State Taxes

Venezuela's 23 states and Caracas Capital District have constitutionally defined taxing powers. States levy taxes on minerals, hydrocarbons (petrΓ³leo royalties), and salinas. Municipalities levy the Impuesto sobre Actividades EconΓ³micas (IAE) β€” a gross receipts tax β€” at 0.5%–10% on businesses, varying dramatically by municipality. The SENIAT (tax authority) administers national taxes. Hyperinflation (2017–2021) destroyed the bolΓ­var and most formal taxation. Dollarization and new strong bolΓ­var (VES) partially stabilized the system. Significant informal economy.

⚠️ 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 Venezuela: Key Tax Differences (2026)

πŸ’° Income Tax: πŸ‡»πŸ‡ͺ Venezuela has a higher top income tax rate (0–27.5% vs 6–34%). πŸ‡§πŸ‡· Brazil is more favourable for high earners.

πŸ›’ VAT/Sales Tax: Brazil has a higher consumption tax (~27.5% combined vs 16%).

🏒 Corporate Tax: Corporate rates are similar in both countries (34% vs 15–34%).

πŸ“ˆ Capital Gains: πŸ‡§πŸ‡· Brazil taxes investment gains at a lower rate (22.5% vs 34%), 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