Bulgaria vs Brazil
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ง๐ฌ Bulgaria โ 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%โ0.45% 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.
๐ง๐ท Brazil โ State & Municipal Taxes
Brazil has one of the world's most complex tax systems. States levy ICMS at 7%โ18% varying by state. Municipalities levy ISS (services tax) at 2%โ5% 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%.
Bulgaria vs Brazil: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐ท Brazil has a higher top income tax rate (10% vs 0โ27.5%). ๐ง๐ฌ Bulgaria is more favourable for high earners.
๐ VAT/Sales Tax: Brazil has a higher consumption tax (9โ20% vs ~27.5% combined).
๐ข Corporate Tax: ๐ง๐ฌ Bulgaria offers a lower corporate rate (10% vs 34%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ฌ Bulgaria taxes investment gains at a lower rate (10% vs 22.5%), benefiting investors.