BR · AmericasSO · Africa

Brazil vs Somalia: tax rates compared

Brazil has an income tax rate of 27.5%, 9.5pp above Somalia's 18%. The 200-country average is 28%: both sit below it.

Verified data covers three of the six tracked tax types for both countries; every rate below is cited to its source and dated.

At a glance

0102030405060Income18%27.5%Corporate15%34%Wealth Tax0%
three shared taxes, side by side
Tax BR SODifference
Income Tax27.5%18%BR +9.5 pp
Corporate Tax34%15%BR +19 pplargest gap
Wealth Tax0%0%match

Income Tax

Income Tax, side by side
CountryRateSource
Brazil27.5%Source: PWC Worldwide Tax Summaries — Brazil (Individual, Taxes on personal income) · as of 2025-05-02
Somalia18%Source: Ministry of Finance, Federal Republic of Somalia — Income Tax Manual (for the Income Tax Law 2025 & Income Tax Regulations 2025) · as of 2025-11-01
Difference+9.5 ppBrazil higher

Corporate Tax

Corporate Tax, side by side
CountryRateSource
Brazil34%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Somalia15%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference+19 ppBrazil higher

Brazil has a corporate tax rate of 34%, 19pp above Somalia's 15%. The 201-country average is 22.6%: Brazil sits above it, Somalia sits below it.

Wealth Tax

Wealth Tax, side by side
CountryRateSource
Brazil0%Source: PWC Worldwide Tax Summaries — Brazil (Individual, Other taxes) · as of 2025-05-02
Somalia0%Source: Somalia Revenue Directorate — Direct Tax · as of 2026-07-18
Difference0 ppdisplayed rates match

Brazil and Somalia share the same wealth tax rate: 0%. The 193-country average is 0.1%: both sit below it. Brazil's figure is dated 2025-05-02 and Somalia's 2026-07-18, so the two rates come from different data vintages.

Not covered for both countries yet: VAT, Capital Gains Tax, Crypto Tax.