Kuwait vs Brazil
Tax Rate Comparison
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๐ฐ Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country โ side by side.
๐ฐ๐ผ Kuwait โ No Sub-National Tax Variation
Kuwait is a city-state with no local or regional income taxes. All taxation is national. Kuwait has no income tax on individuals (citizens or expatriates). Foreign companies operating in Kuwait pay corporate income tax at 15%. National Labour Support Tax (NLST) at 2.5% applies to Kuwaiti listed company profits. Zakat at 1% applies to Kuwaiti company profits. The Kuwait Investment Authority (KIA) manages the state's sovereign wealth fund, which generates significant non-tax revenue reducing fiscal dependency.
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%.
Kuwait vs Brazil: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐ท Brazil has a higher top income tax rate (0% vs 0โ27.5%). ๐ฐ๐ผ Kuwait is more favourable for high earners.
๐ VAT/Sales Tax: Brazil has a higher consumption tax (5% vs ~27.5% combined).
๐ข Corporate Tax: ๐ฐ๐ผ Kuwait offers a lower corporate rate (15% vs 34%), which can influence business location decisions.
๐ Capital Gains: ๐ฐ๐ผ Kuwait taxes investment gains at a lower rate (0% vs 22.5%), benefiting investors.