Bhutan vs Brazil
Tax Rate Comparison
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π° Personal Income Tax Calculator
Enter your income to see your estimated annual tax liability in each country β side by side.
π§πΉ Bhutan β Dzongkhag & Thromde Taxes
Bhutan's 20 dzongkhags (districts) and thromdes (municipalities) levy local land tax, cattle tax, and local fees. Bhutan is a constitutional monarchy pursuing Gross National Happiness over GDP. Corporate and business income taxes are primary revenue sources; personal income tax is minimal for most citizens given the country's structure. Bhutan has major hydropower export revenues from India and has become notable for state-enterprise cryptocurrency mining. The country is transitioning toward more market-oriented development with LDC graduation aspirations.
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%.
Bhutan vs Brazil: Key Tax Differences (2026)
π° Income Tax: π§π· Brazil has a higher top income tax rate (0β25% vs 0β27.5%). π§πΉ Bhutan is more favourable for high earners.
π VAT/Sales Tax: Brazil has a higher consumption tax (0% vs ~27.5% combined).
π’ Corporate Tax: π§πΉ Bhutan offers a lower corporate rate (30% vs 34%), which can influence business location decisions.
π Capital Gains: π§πΉ Bhutan taxes investment gains at a lower rate (0% vs 22.5%), benefiting investors.