Brazil: Capital gains tax rates

Brazil: Capital gains tax rates

Provisional Measure 692/2015 (published in the official gazette on 22 September 2015) provides the rates of tax for capital gains realized by individual taxpayers with respect to the disposition of assets and rights.

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  • 15% on the amount of gains not exceeding R $1 million (approximately U.S. $249,000)
  • 20% on the amount of gains exceeding R $1 million but not exceeding R $5 million
  • 25% on the amount of gains exceeding R $5 million but not exceeding R $20 million
  • 30% on the amount of gains exceeding R $20 million

 

Read a September 2015 report (Portuguese) and (English) prepared by the KPMG member firm in Brazil: Medida Provisória n° 692

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