Brazil vs Singapore
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%.
πΈπ¬ Singapore β City-State β No Sub-National Variation
As a city-state, Singapore has no states or regions to create tax variation. Property tax is levied at progressive rates (0β32% owner-occupied; 12% investment/commercial). CPF (Central Provident Fund) contributions serve as combined social security and retirement savings. There is no inheritance tax or capital gains tax.
Brazil vs Singapore: Key Tax Differences (2026)
π° Income Tax: π§π· Brazil has a higher top income tax rate (0β27.5% vs 0β24%). πΈπ¬ Singapore is more favourable for high earners.
π VAT/Sales Tax: Brazil has a higher consumption tax (~27.5% combined vs 9%).
π’ Corporate Tax: πΈπ¬ Singapore offers a lower corporate rate (17% vs 34%), which can influence business location decisions.
π Capital Gains: πΈπ¬ Singapore taxes investment gains at a lower rate (0% vs 22.5%), benefiting investors.