Brazil vs Iceland: Taxes on income, profits and capital gains
Brazil
34.2%
in 2024
Iceland
34.6%
in 2023
Brazil rank
34th
Iceland rank
32nd
Taxes on income, profits and capital gains over time
- Brazil
- Iceland
How they compare
Iceland currently reports 34.6% against 34.2% in Brazil, a difference of 0.4%.
The two have swapped places 5 times across 14 shared years of data; in 2010 it was Brazil ahead.
Brazil ranks 34th and Iceland ranks 32nd of 153 countries.
Across the 2 decades both report, Brazil averaged higher in 1 and Iceland in 1.
Head to head by decade
| Decade | Brazil | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 2010s | 27.1% | 26.4% | 0.7% | Brazil |
| 2020s | 32.5% | 32.9% | 0.4% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher taxes on income, profits and capital gains, Brazil or Iceland?
- Iceland, at 34.6% against 34.2% in Brazil as of 2023.
- What is the difference in taxes on income, profits and capital gains between Brazil and Iceland?
- 0.4%, with Iceland ahead.
- How many years of comparable data are there for Brazil and Iceland?
- 14 years are reported by both, from 2010 to 2023.
- How do Brazil and Iceland rank globally for taxes on income, profits and capital gains?
- Brazil ranks 34th and Iceland ranks 32nd of 153 countries.
- Where does this data come from?
- Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as Taxes on income, profits and capital gains (% of revenue). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Taxes on income, profits, and capital gains are taxes payable on the actual or presumed incomes, profits and capital gains. This indicator is expressed as a percentage of revenue which includes all transactions that add to the amount of economic value of a unit or sector.