
Brazil: Income and profits taxes
* indicates monthly or quarterly data series
Brazil |
Income, profits, and capital gains taxes: percent of revenue |
---|---|
Latest value | 28.34 |
Reference | 2021 |
Measure | percent |
Source | The World Bank |
For that indicator, we provide data for Brazil from 2010 to 2021. The average value for Brazil during that period was 24.58 percent with a minimum of 22.74 percent in 2012 and a maximum of 28.34 percent in 2021.
The latest value from 2021 is 28.34 percent. For comparison, the world average in 2021 based on 99
countries is 25.34 percent.
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Definition: Taxes on income, profits, and capital gains are levied on the actual or presumptive net income of individuals, on the profits of corporations and enterprises, and on capital gains, whether realized or not, on land, securities, and other assets. Intragovernmental payments are eliminated in consolidation.