Brazil vs Equatorial Guinea
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.
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%.
π¬πΆ Equatorial Guinea β Equatorial Guinea Tax System
Equatorial Guinea has progressive income tax up to 35%. VAT is 15%. The country became sub-Saharan Africa's third-largest oil producer after 1995 oil discoveries, making it one of the wealthiest by GDP per capita β but extreme inequality means most citizens remain poor. The Obiang family has ruled since 1979. Oil revenue is declining; diversification efforts continue.
Brazil vs Equatorial Guinea: Key Tax Differences (2026)
π° Income Tax: π¬πΆ Equatorial Guinea has a higher top income tax rate (0β27.5% vs 0β35%). π§π· Brazil is more favourable for high earners.
π VAT/Sales Tax: Brazil has a higher consumption tax (~27.5% combined vs 15%).
π’ Corporate Tax: π§π· Brazil offers a lower corporate rate (34% vs 35%), which can influence business location decisions.
π Capital Gains: π§π· Brazil taxes investment gains at a lower rate (22.5% vs 35%), benefiting investors.