⚖️ 🇧🇷 Brazil vs 🇵🇪 Peru
📊 AT A GLANCE
| Metric | 🇧🇷 Brazil | 🇵🇪 Peru |
|---|---|---|
| Top Personal Income Tax | 27.50% | 30.00% |
| Effective Top PIT Rate | 27.50% | 30.00% |
| Corporate Tax Rate | 34.00% | 29.50% |
| VAT / GST | — | 18.00% (IGV) |
| Tax System | Worldwide | Worldwide |
| Tax Treaties | 36 | 9 |
💰 INCOME TAX RATES
| Rate | Brazil | Peru |
|---|---|---|
| Top PIT Rate | 27.50% | 30.00% |
| Effective Top PIT | 27.50% | 30.00% |
| Capital Gains Tax | 22.50% | 5.00% |
| CG Notes | Capital gains: 15% up to BRL 5M, 17.5% BRL 5-10M, 20% BRL 10-30M, 22.5% above BRL 30M. Stocks up to BRL 20K/month exempt. | Stock sales: effective 5%. Real estate sales: effective 5%. Other capital gains may be taxed as ordinary income. |
| SS Employee | 14.00% | 13.00% |
| SS Employer | 20.00% | 9.00% |
🏦 WITHHOLDING RATES
| Type | Brazil | Peru |
|---|---|---|
| Dividend WHT | 0.00% | 5.00% |
| Interest WHT | 15.00% | 30.00% |
| Royalty WHT | 15.00% | 30.00% |
📋 OTHER TAXES
| Tax | Brazil | Peru |
|---|---|---|
| Corporate Tax | 34.00% | 29.50% |
| Inheritance Tax | 8.00% | — |
| Wealth Tax | — | — |
🔧 TAX FEATURES
| Feature | Brazil | Peru |
|---|---|---|
| Personal Income Tax | Yes | Yes |
| Capital Gains Tax | Yes | Yes |
| Corporate Tax | Yes | Yes |
| VAT / GST | Yes | Yes |
| Wealth Tax | No | No |
| Inheritance Tax | Yes | No |
| Exit Tax | Yes | No |
| CFC Rules | Yes | Yes |
| Digital Services Tax | No | No |
| Crypto-Specific Rules | Yes | No |
| Participation Exemption | No | No |
| Territorial Exemption | No | No |
🌟 SPECIAL REGIMES
| Regime | Brazil | Peru |
|---|---|---|
| Digital Nomad Tax Regime | No | No |
| Non-Dom Regime | No | No |
Active Special Tax Regimes
| Detail | Brazil | Peru |
|---|---|---|
| Regime | Simples Nacional — 4.00% flat |
📅 RESIDENCY & FILING
| Detail | Brazil | Peru |
|---|---|---|
| Residency Threshold | 183 days | 183 days |
| Residency Rules | Resident if present for 183+ days in any 12-month period, or if holding a permanent visa. | Domiciled if present for 183+ days in any 12-month period. Non-domiciled taxed only on Peruvian-source income. |
| Filing Deadline | April 30 | March-April |
| Auto Extension | No | No |
| Filing Notes | Annual return due April 30. Mandatory for income above ~BRL 33,888/year. | Filing deadlines vary by tax ID (RUC). Generally March-April. |
| Exit Tax Details | Exit tax: deemed disposition of assets at market value upon departure. Must file final tax return. | — |
| CFC Rules Details | CFC rules apply to Brazilian residents controlling foreign entities. | CFC rules apply to Peruvian residents controlling entities in low-tax jurisdictions. |