Brazil
Income Tax
In Brazil, there is a category of taxes on gross income and net income. Regarding net income taxes, there is a 15% tax rate on income tax, plus an additional 10% on the portion of the taxable base that exceeds R$ 240,000 per fiscal year. There is no alternative minimum tax base, and tax losses can be carried forward indefinitely, provided they do not exceed 30% of the net profit.
| Income Tax Paid | Current Tax | Deferred Tax |
|---|---|---|
| 8.097 | 5.653 | 2.444 |
| Income Tax Paid | Current Tax | Deferred Tax |
|---|---|---|
| 1.099 | 575 | 523 |