Thailand 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.
๐น๐ญ Thailand โ Municipal & Local Organization Taxes
Thailand's 77 provinces contain various Local Administrative Organizations (LAOs) โ municipalities, sub-district organizations (TAO), and special areas (Bangkok, Pattaya). LAOs levy Local Development Tax (LDT) on land at low rates (0.01%โ0.5% of assessed value). The Land and Building Tax (LBT) implemented in 2020 applies at 0.01%โ3% based on use type. Bangkok has the highest real estate values. The Revenue Department administers national taxes centrally.
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%.
Thailand vs Brazil: Key Tax Differences (2026)
๐ฐ Income Tax: ๐น๐ญ Thailand has a higher top income tax rate (0โ35% vs 0โ27.5%). ๐ง๐ท Brazil is more favourable for high earners.
๐ VAT/Sales Tax: Brazil has a higher consumption tax (7% vs ~27.5% combined).
๐ข Corporate Tax: ๐น๐ญ Thailand offers a lower corporate rate (20% vs 34%), which can influence business location decisions.
๐ Capital Gains: ๐ง๐ท Brazil taxes investment gains at a lower rate (22.5% vs 35%), benefiting investors.