Solomon Islands 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.
πΈπ§ Solomon Islands β Solomon Islands Tax System
The Solomon Islands levies income tax at progressive rates up to 40%. GST (Goods and Services Tax) replaced import duties for many items. Tax administration is handled by the Inland Revenue Division. Logging, fishing, and subsistence agriculture dominate the economy. Political instability and dependence on aid are ongoing challenges.
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%.
Solomon Islands vs Brazil: Key Tax Differences (2026)
π° Income Tax: πΈπ§ Solomon Islands has a higher top income tax rate (0β40% vs 0β27.5%). π§π· Brazil is more favourable for high earners.
π VAT/Sales Tax: Brazil has a higher consumption tax (10% vs ~27.5% combined).
π’ Corporate Tax: πΈπ§ Solomon Islands offers a lower corporate rate (30% vs 34%), which can influence business location decisions.
π Capital Gains: πΈπ§ Solomon Islands taxes investment gains at a lower rate (0% vs 22.5%), benefiting investors.