Brazil vs Georgia
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.
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%.
๐ฌ๐ช Georgia โ Municipal Taxes
Georgia's 64 municipalities (including Tbilisi) have limited independent taxing powers โ income tax is nationally set. Municipalities levy property tax (gแแแแกแแฎแแแ qonebaze) at 0%โ1% of market value for individuals and 1% for legal entities. Vehicle annual fees and land tax are also locally determined. Georgia has a simple and low-tax system โ it introduced a flat 20% income tax in 2004 and has since maintained competitive rates. The Virtual Zone and Free Industrial Zone regimes offer significant corporate tax exemptions.
Brazil vs Georgia: Key Tax Differences (2026)
๐ฐ Income Tax: ๐ง๐ท Brazil has a higher top income tax rate (0โ27.5% vs 20%). ๐ฌ๐ช Georgia is more favourable for high earners.
๐ VAT/Sales Tax: Brazil has a higher consumption tax (~27.5% combined vs 18%).
๐ข Corporate Tax: ๐ฌ๐ช Georgia offers a lower corporate rate (15% vs 34%), which can influence business location decisions.
๐ Capital Gains: ๐ฌ๐ช Georgia taxes investment gains at a lower rate (15% vs 22.5%), benefiting investors.