Federal Income Tax Brackets & Rates for tax year 2019
IRPF, short for Imposto de Renda da Pessoa Física in Portuguese, is imposed by the federal government on individual income. Brazil has a progressive income tax system with several tax brackets. The lowest tax rate is 7.5% and the highest tax rate is 27.5%.
IRPF – Monthly calculation
From
To
Rate
Deduction
BRL 0,00
BRL 1.903,98
0,0%
BRL 0,00
BRL
1.903,99
BRL 2.826,65
7,5%
BRL 142,80
BRL
2.826,66
BRL 3.751,05
15,0%
BRL 354,80
BRL
3.751,06
BRL 4.664,68
22,5%
BRL 636,13
BRL
4.664,68
or more
27,5%
BRL 869,30
IRPF – Annual calculation
From
To
Rate
Deduction
BRL 0,00
BRL 22.847,76
0,0%
BRL 0,00
BRL
22.847,77
BRL 33.919,80
7,5%
BRL 1.713,58
BRL
33.919,81
BRL 45.012,60
15,0%
BRL 4.257,57
BRL
45.012,61
BRL 55.976,16
22,5%
BRL 7.633,51
BRL
55.976,16
or more
27,5%
BRL
10.432,32
IRPF – Annual calculation for Cash Profit Sharing Plan
From
To
Rate
Deduction
BRL 0,00
BRL 6.677,55
0,0%
BRL 0,00
BRL
6.677,55
BRL 9.922,28
7,5%
BRL 500,82
BRL
9.922,28
BRL 13.167,00
15,0%
BRL 1.244,99
BRL
13.167,00
BRL 16.380,38
22,5%
BRL 2.232,51
BRL
16.380,38
or more
27,5%
BRL 3.051,53
Tax on Capital Gains for Fixed Income
From
To
Rate
day one
180 days
22,50%
181 days
360 days
20,00%
361 days
720 days
17,50%
720 days
or more
15,00%
Tax on Capital Gains applied on Stocks
From
To
WHT on sales amount
Rate on Capital Gains
BRL 0,00
BRL 20.000,00
0,000%
0,00%
BRL
20.000,00
or more
0,005%
15,00%
Tax on Capital Gains applied on Stocks for Day Trading
From
To
WHT on sales amount
Rate on Capital Gains
BRL
0,00
or more
1,0%
20,00%
Note: In Brazil, a comma is used to indicate the decimal separator.
