Brazil ranks second in the ranking of countries with the most tax firms, after only Malta. This perception was revealed in a study of the CouponVálido platform based on data from OECD (Organization for Economic Co-operation and Development).
According to the survey, Brazilian companies pay, on average, a tax rate of 34%, when all taxes are considered. The percentage is 70% higher than the world average and only 1 percentage point lower than Malta (35%).
The calculation takes into account the collection of two corporate taxes in Brazil, and corporate income tax (25%) and social contribution to net income (9%).
Of the 111 countries surveyed, the average corporate tax rate is 20% and only 18 countries charge companies a rate higher than 30%. Brazilian prices, in turn, are higher than those charged in developed countries, such as the United Kingdom (19%), the United States (25%), Canada (27%) and Japan (30%).
Comparing the period between 2000 and 2021, the study shows that most states lowered their corporate tax rate, a move that contributed to a 8.3 percentage point reduction in the average collection value, from 28.3% to 20%.
Over the course of 21 years, 94 countries have lowered taxes, while 13 have maintained the same rates, and only Andorra, Hong Kong, China, the Maldives and Oman have raised their rates.
According to the survey CouponValid.com, 12 countries are considered tax havens, with a non-tax system for corporations. Since 2000, Andorra and the Maldives have relinquished the title and have offered a balance in groups, currently at 10% and 15% respectively.
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