Brazil: Commercial tax rate
* indicates monthly or quarterly data series
| Brazil |
Tax rate, percent of commercial profits |
|---|---|
| Latest value | 65.1 |
| Reference | 2019 |
| Measure | percent |
| Source | The World Bank (doing business survey) |
For that indicator, we provide data for Brazil from 2013 to 2019. The average value for Brazil during that period was 65.47 percent with a minimum of 65.1 percent in 2017 and a maximum of 66.1 percent in 2013.
The latest value from 2019 is 65.1 percent. For comparison, the world average in 2019 based on 184
countries is 40.53 percent.
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* indicates monthly or quarterly data series
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Definition: Total tax rate measures the amount of taxes and mandatory contributions payable by businesses after accounting for allowable deductions and exemptions as a share of commercial profits. Taxes withheld (such as personal income tax) or collected and remitted to tax authorities (such as value added taxes, sales taxes or goods and service taxes) are excluded.