BM · AmericasBR · Americas
Bermuda vs Brazil: tax rates compared
Between the two, Brazil's income tax rate (27.5%) tops Bermuda's (0%) by 27.5pp. The 200-country average is 28%: both sit below it. Bermuda's figure is dated 2026-02-19 and Brazil's 2025-05-02, so the two rates come from different data vintages.
Verified data covers five of the six tracked tax types for both countries; every rate below is cited to its source and dated.
At a glance
| Tax | BM | BR | Difference |
|---|---|---|---|
| Income Tax | 0% | 27.5% | BR +27.5 pp |
| Corporate Tax | 0% | 34% | BR +34 pplargest gap |
| Capital Gains Tax | 0% | 15% | BR +15 pp |
| Crypto Tax | 0% | 22.5% | BR +22.5 pp |
| Wealth Tax | 0% | 0% | match |
Income Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PWC Worldwide Tax Summaries — Bermuda (Individual, Taxes on personal income) · as of 2026-02-19 |
| Brazil | 27.5% | Source: PWC Worldwide Tax Summaries — Brazil (Individual, Taxes on personal income) · as of 2025-05-02 |
| Difference | −27.5 pp | Brazil higher |
Corporate Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Brazil | 34% | Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01 |
| Difference | −34 pp | Brazil higher |
Between the two, Brazil's corporate tax rate (34%) tops Bermuda's (0%) by 34pp. The 201-country average is 22.6%: Bermuda sits below it, Brazil sits above it.
Capital Gains Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PWC Worldwide Tax Summaries — Bermuda (Individual, Income determination) · as of 2026-02-19 |
| Brazil | 15% | Source: PWC Worldwide Tax Summaries — Brazil (Individual, Other taxes) · as of 2025-05-02 |
| Difference | −15 pp | Brazil higher |
Between the two, Brazil's capital gains tax rate (15%) tops Bermuda's (0%) by 15pp. The 175-country average is 10.3%: Bermuda sits below it, Brazil sits above it. Bermuda's figure is dated 2026-02-19 and Brazil's 2025-05-02, so the two rates come from different data vintages.
Crypto Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PwC Worldwide Tax Summaries — Bermuda (Individual, Income determination) · as of 2026-02-19 |
| Brazil | 22.5% | Source: Receita Federal — Perguntas e Respostas IRPF 2026 (Q.653 'Alienação de criptoativos' and Q.574 'Alíquotas aplicáveis à apuração do ganho de capital') · as of 2026-04-23 |
| Difference | −22.5 pp | Brazil higher |
Between the two, Brazil's crypto tax rate (22.5%) tops Bermuda's (0%) by 22.5pp. The 88-country average is 13%: Bermuda sits below it, Brazil sits above it.
Wealth Tax
| Country | Rate | Source |
|---|---|---|
| Bermuda | 0% | Source: PWC Worldwide Tax Summaries — Bermuda (Net wealth/worth tax rates) · as of 2026-02-19 |
| Brazil | 0% | Source: PWC Worldwide Tax Summaries — Brazil (Individual, Other taxes) · as of 2025-05-02 |
| Difference | 0 pp | displayed rates match |
There's no gap here — Bermuda and Brazil both post a wealth tax rate of 0%. The 193-country average is 0.1%: both sit below it. Bermuda's figure is dated 2026-02-19 and Brazil's 2025-05-02, so the two rates come from different data vintages.
Not covered for both countries yet: VAT.