Editing Payroll tax (section)

===Brazil===
{{See also|Taxation in Brazil}}

In [[Brazil]], employers are required to withhold 11% of the employee's wages for Social Security and a certain percentage as Income Tax (according to the applicable [[tax bracket]]). The employer is required to contribute an additional 20% of the total payroll value to the Social Security system. Depending on the company's main activity, the employer must also contribute to federally funded insurance and educational programs.

There is also a required deposit of 8% of the employee's wages (not withheld from him) into a bank account that can be withdrawn only when the employee is fired, or under certain other extraordinary circumstances, such as serious illness (called a "Security Fund for Duration of Employment"). All these contributions amount to a total tax burden of almost 40% of the payroll for the employer and 15% of the employee's wages.