Posted by: davidgarnerconsulting | September 15, 2009

Rental Income Tax for Brazilian Property

Effective Tax Rate for Rental Income on Brazil Property

By David Garner – Managing Partner, David Garner Consulting

CLICK HERE to download your FREE GUIDE to the Brazil Property Market

Rental Income: Non-residents earning rental income from Brazil property are taxed at a flat rate of 15%.

Rental income earned by non-residents who reside in low-tax territories are taxed in Brazil at a rate of 25%.

Capital Gains: Capital gains tax is levied at a flat rate of 15%.

Inheritance: Inheritance and gift taxes are imposed at progressive rates depending on the value of the inheritance. The maximum tax rate is 8%.

Residents: Residents are taxed on their worldwide income. Income tax is levied at progressive rates, up to 27.5%.

CLICK HERE to download your FREE GUIDE to the Brazil Property Market

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