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Contrary to the popular saying here, brazilian payroll taxes amount to 56% of the salary in an annualized basis, not 100%.
by kawera 15y ago
Contrary to the popular saying here, brazilian payroll taxes amount to 56% of the salary in an annualized basis, not 100%.
- unwind 15y agoI think that with typical US "glasses" on, 56% is more or less equal to 100% when it comes to taxation. :) Of course, this is me being a bit prejudiced, but I think there's a least a bit of truth in there.
- rarruda 15y agoYes, sure, you can always work out the numbers. If you skip unemployment insurance and some minor previdenciary collections you can get it to around 65%. But that won't make you attractive to the workforce in question. And, of course, you can always balance it with some contractors, at your own risk.