Tax Table
The complexity of the Brazilian tax system is a huge concern of Brazilian accountants and tax advisors. They are aware of its complications. For some companies and individuals the tax bill is a nightmare. The Brazilian tax system has several types of taxes and they are grouped into Goods and Services tax, Income tax, Property tax, Social Security contributions, and Tariffs.
| Tax | Type | Tax Authority |
| IPI – Tax on Manufactured Products | Goods and services tax | Federal |
| IOF – Tax on Financial Transaction | Goods and services tax | Federal |
| PIS/PASEP – Tax on Gross Revenue | Goods and services tax | Federal |
| COFINS – Tax on Gross Revenue | Goods and services tax | Federal |
| ICMS – Value-Added Tax | Goods and services tax | State |
| ISS – Sales Tax on Services | Goods and services tax | Municipal |
| CIDE – Tax on fuel and foreign wire transfers | Goods and services tax | Federal |
| CSLL – Corporate Income Tax (Social Contribution) | Income tax | Federal |
| IRPJ – Corporate Income Tax | Income tax | Federal |
| IRPF – Individual Income Tax | Income tax | Federal |
| IRRF – Withheld Income Tax | Income tax | Federal |
| ITR – Rural Property Tax | Property tax | Federal |
| ITCD – Inheritance and Donation Tax | Property tax | State |
| IPVA – Vehicle Tax | Property tax | State |
| ITBI – Transfer Tax | Property tax | Municipal |
| IPTU – Urban Property Tax | Property tax | Municipal |
| INSS – Social Security Contributions | Social security contributions | Federal |
| II – Import Duty | Tariff | Federal |
| IE – Export Duty | Tariff | Federal |