On 1 April 2015, Brazil published in the Official Gazette Normative Instruction 1,558/2015, adjusting the annual individual income tax bracket thresholds for 2015. The number of brackets and rates are not changed.

The new annual income brackets and rates are as follows:

• up to BRL 22,499.13 - 0%
• 22,499.14 up to 33,477.72 - 7.5%
• 33,477.73 up to 44,476.74 - 15.0%
• 44,476.75 up to 55,373.55 - 22.5…