Brazil Wealth & Property Tax
Detailed wealth & property tax rates and rules for Brazil in 2026.
Wealth Tax
Brazil does not impose a federal wealth tax. However, proposals for a wealth tax on high-net-worth individuals have been discussed as part of ongoing tax reform debates. There is no annual tax on net worth at the federal, state, or municipal level.
Wealth Tax Rate
0%
Inheritance / Estate Tax
Brazil levies a state-level inheritance and gift tax called ITCMD (Imposto sobre Transmissão Causa Mortis e Doação). Rates are set by each state, ranging from 2% to 8% (the constitutional maximum). São Paulo charges 4%, while Rio de Janeiro uses a progressive scale up to 8%. The 2023 tax reform authorized states to implement progressive rates, and many are moving toward higher brackets for larger inheritances.
Top Rate
8%
Property Tax
Urban property tax (IPTU) is levied by municipal governments on the assessed value of urban properties, with rates typically ranging from 0.5% to 1.5% annually. Rural property tax (ITR) is levied by the federal government on rural land, with rates from 0.03% to 20% based on the size of the property and the degree of productive utilization. Real estate transfer tax (ITBI) of 2-3% applies on property purchases.
How Brazil Wealth Tax compares
Brazil does not tax net wealth. 191 of 203 countries TaxAtlas tracks take the same approach, which is useful context when weighing where to live, invest, or incorporate.
