What are the Brazilian capital gains tax rates?

Brazil uses four progressive brackets applied to the total capital gain: 15% on gains up to R$5 million, 17.5% on the portion between R$5 million and R$15 million, 20% on the portion between R$15 million and R$45 million, and 22.5% on any gain above R$45 million. Each rate applies only to the slice within its range.

Who must pay Brazilian capital gains tax?

Brazilian resident individuals (pessoas físicas) are subject to IRPF on capital gains from the sale of any asset — property, shares, vehicles, cryptocurrency, and other rights — regardless of where the asset is located. Non-residents selling assets located in Brazil are also subject to Brazilian withholding at the same rates.

Are there any exemptions from Brazilian CGT?

Yes. The main exemptions include: (1) sale of residential property where the seller uses the full proceeds to buy another residential property in Brazil within 180 days; (2) total asset sales below R$35,000 in a single month for most asset classes (R$440,000 for the sole residential property of an individual); (3) assets acquired before 1969 are fully exempt; assets acquired between 1969 and 1988 may qualify for partial reductions based on a statutory reduction table.

When must Brazilian CGT be paid?

CGT is due by the last business day of the month following the month of the sale. Payment is made via DARF (Documento de Arrecadação de Receitas Federais) using code 4600 for gains on equity shares or 0507 for gains on other assets.

How is the cost basis determined in Brazil?

The cost basis (custo de aquisição) is the original purchase price declared for tax purposes. Brazil does not allow inflation indexing for assets acquired after 31 December 1995. Improvement costs can be added to the basis if properly documented. For inherited or gifted assets, the basis is generally the value declared in the donor's tax return.

Does this calculator apply to shares traded on B3?

Shares sold on the Brazilian stock exchange (B3) have different rules. Day-trade operations are taxed at 20% flat. Swing-trade gains are taxed at 15% flat if total sales in a month exceed R$20,000. The progressive bracket structure in this calculator applies to assets sold outside the exchange (such as unlisted shares, real estate, and business interests). Use this tool for those off-exchange transactions.

Brazil Capital Gains Tax Calculator

Name: Brazil Capital Gains Tax Calculator
Availability: InStock
Author: Nham Vu

Enter your sale proceeds and cost basis to calculate your Brazilian IRPF capital gains tax across the four progressive brackets.

Sale Details

Sale Proceeds (total received)

Total amount received from the asset sale in BRL.

Cost Basis (original purchase price)

Original purchase price plus allowable improvements (custo de aquisição).

Applies to: real estate, unlisted shares, business interests, vehicles, and other assets sold outside B3. Exchange-traded shares on B3 follow different flat-rate rules.

Enter sale proceeds and cost basis, then click Calculate

IRPF Summary

Tax Owed

R$0

Effective Rate

Net Gain

R$0

IRPF Progressive Brackets

Gain Band	Rate	Taxable Slice	Tax

Calculation Breakdown

Estimate only — standard IRPF progressive brackets for individuals. Does not account for RFB exemptions, acquisition date reductions, or state-level taxes. Consult a contador for personal advice.

Summary

Enter your sale proceeds and cost basis to calculate your Brazilian IRPF capital gains tax across the four progressive brackets.

How it works

Enter the sale proceeds — the total amount received from selling the asset.
Enter the cost basis — the original purchase price plus any allowable improvements.
The tool calculates the gross capital gain (proceeds minus cost basis).
The gain is split across the four IRPF progressive brackets at 15%, 17.5%, 20%, and 22.5%.
Tax owed per bracket is summed to produce the total IRPF due.
Effective rate on the full gain and net proceeds after tax are shown.

Use cases

Estimate IRPF before selling real estate, shares, or business interests in Brazil.
Understand how the progressive bracket structure affects large vs. small gains.
Compare after-tax proceeds for different sale prices on the same asset.
Plan asset disposals across tax years to stay in lower brackets.
Model the tax on a partial asset sale versus a full disposition.
Evaluate the impact of Brazilian CGT when structuring cross-border transactions.

Frequently Asked Questions

Last updated: 2026-07-01 · Reviewed by Nham Vu