Brazil vs Thailand
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%.
πΉπ Thailand β Municipal & Local Organization Taxes
Thailand's 77 provinces contain various Local Administrative Organizations (LAOs) β municipalities, sub-district organizations (TAO), and special areas (Bangkok, Pattaya). LAOs levy Local Development Tax (LDT) on land at low rates (0.01%β0.5% of assessed value). The Land and Building Tax (LBT) implemented in 2020 applies at 0.01%β3% based on use type. Bangkok has the highest real estate values. The Revenue Department administers national taxes centrally.
Brazil vs Thailand: Key Tax Differences (2026)
π° Income Tax: πΉπ Thailand 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 7%).
π’ Corporate Tax: πΉπ Thailand offers a lower corporate rate (20% vs 34%), 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.