Brazil vs Honduras
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§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%.
ππ³ Honduras β Municipal Taxes
Honduras's 298 municipalities levy the Impuesto Personal sobre la Renta (IPSVR), property tax (on buildings and land), commercial activity tax (impuesto de industria, comercio y servicios at 0.3%β0.5% of gross income), and vehicle tax. Tegucigalpa and San Pedro Sula have the highest municipal charges. The Servicio de AdministraciΓ³n de Rentas (SAR) administers national taxes. Honduras has one of Latin America's highest inequality indices; tax evasion is widespread, particularly in informal sectors.
Brazil vs Honduras: Key Tax Differences (2026)
π° Income Tax: π§π· Brazil has a higher top income tax rate (0β27.5% vs 0β25%). ππ³ Honduras is more favourable for high earners.
π VAT/Sales Tax: Brazil has a higher consumption tax (~27.5% combined vs 15%).
π’ Corporate Tax: ππ³ Honduras offers a lower corporate rate (25% vs 34%), which can influence business location decisions.
π Capital Gains: ππ³ Honduras taxes investment gains at a lower rate (10% vs 22.5%), benefiting investors.