The Sales Tax Rate in Brazil stands at 17 percent.

Sales Tax Rate in Brazil is expected to reach 17.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Brazil Sales Tax Rate - VAT is projected to trend around 17.00 percent in 2021, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Brazil Sales Tax Rate - VAT

Actual Previous Highest Lowest Dates Unit Frequency
17.00 17.00 17.00 17.00 2006 - 2020 percent Yearly

Brazil Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 34.00 34.00 37.00 25.00 percent [+]
Personal Income Tax Rate 27.50 27.50 27.50 27.50 percent [+]
Sales Tax Rate 17.00 17.00 17.00 17.00 percent [+]
Social Security Rate 39.80 39.80 42.80 31.00 percent [+]
Social Security Rate For Companies 28.80 28.80 31.80 20.00 percent [+]
Social Security Rate For Employees 11.00 11.00 11.00 11.00 percent [+]


Brazil Sales Tax Rate - VAT
Brazil operates a multiple rate system with ICMS (Imposto de Circulação de Mercadorias e Serviços) tax levied at a state level. The standard rate of ICMS is 17 percent (18 percent in São Paulo, Minas Gerais and Paraná and 19 percent in Rio de Janeiro). Intrastate transactions are taxed between 17 and 19 percent, interstate transactions are taxed at 7 percent or 12 percent, and most imported goods are taxed at a rate between 18 percent and 25 percent. Some states offer rate reductions or later payment dates as a fiscal incentive for the installation of factories.