Corporate Tax Comparison

Brazil vs Denmark

Compare Brazil and Denmark corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.

Published — Brazil: 2/14/2024 · Denmark: 2/14/2024 · Time of Update — Brazil: 10/07/2026 · Denmark: 10/01/2026

Base Country/Region

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Compare Corporate Tax

Brazil

Denmark

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Published — Brazil: 2/14/2024 · Denmark: 2/14/2024 · Time of Update — Brazil: 10/07/2026 · Denmark: 10/01/2026

Corporate Income Tax (CIT)

Brazil

Denmark

General CIT Rate:

34 (composed of 25% IRPJ and 9% CSLL).

General CIT Rate:

CIT Return Due Date:

The last working day of July.

CIT Return Due Date:

In general, six months after the end of the fiscal year.

CIT Payment Due Date:

Usually, on the last working day of March of the following year (when calculating IRPJ and CSLL annually), taxpayers can pay taxes within a quota from the last working day of the next month to the end of the quarter, or they can pay taxes in three installments, with the first installment from the next month to the end of the quarter when IRPJ and CSLL are calculated quarterly.

CIT Payment Due Date:

By 20 November of the year after the income year.

CIT Estimated Payment Due Date:

Normally monthly instalments, but there is an option of quarterly instalment.

CIT Estimated Payment Due Date:

Two equal installments, paid by 20 March and 20 November of the income year. Extra tax can also be paid by 1 February of the year after the income year.

Withholding Tax (WHT)

Brazil

Denmark

Resident Withholding Tax (Dividend/Interest/Royalty):

0 or 10 / 15 - 22.5 / N/A

Resident Withholding Tax (Dividend/Interest/Royalty):

0/22/22

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

10 / 15 / 15

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

27/22/22

Value-Added Tax (VAT)

Brazil

Denmark

General VAT Rate:

17% - 20% (ICMS)

General VAT Rate:

Learn More Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Brazil

Denmark

General Capital Gain Tax Rate:

Residents: 34 legal entities (considered as a part of normal income, subject to normal CIT tax rate); non-residents: 15 to 22.5 (WHT); non-residents from tax haven countries: 25 (WHT).

General Capital Gain Tax Rate:

Capital gains are constrained by the normal corporate income tax rate.

Effective Tax Rate (ETR)

Brazil

Denmark

Composite Effective Average Tax Rate:

32%

Composite Effective Average Tax Rate:

20.36%

Composite Effective Marginal Tax Rate:

15%

Composite Effective Marginal Tax Rate:

14.22%

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