Sao Tome and Principe vs Brazil
Tax Rate Comparison
Enter your income below for a personal tax estimate, then scroll down for full rate breakdowns.
π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
πΈπΉ Sao Tome and Principe β Sao Tome & Principe Tax System
Sao Tome and Principe is a small island nation in the Gulf of Guinea with progressive income tax up to 25%. IVA (VAT) is 15%. The economy has long been dominated by cocoa exports and foreign aid. Offshore oil potential (Joint Development Zone with Nigeria) has not yet materialized in significant production. The country joined the EITI (Extractive Industries Transparency Initiative).
π§π· Brazil β State & Municipal Taxes
Brazil has one of the world's most complex tax systems. States levy ICMS at 7%β18% varying by state. Municipalities levy ISS (services tax) at 2%β5% 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%.
Sao Tome and Principe vs Brazil: Key Tax Differences (2026)
π° Income Tax: π§π· Brazil has a higher top income tax rate (0β25% vs 0β27.5%). πΈπΉ Sao Tome and Principe is more favourable for high earners.
π VAT/Sales Tax: Brazil has a higher consumption tax (15% vs ~27.5% combined).
π’ Corporate Tax: πΈπΉ Sao Tome and Principe offers a lower corporate rate (25% vs 34%), which can influence business location decisions.
π Capital Gains: π§π· Brazil taxes investment gains at a lower rate (22.5% vs 25%), benefiting investors.