---
title: "Bare Land Value (VTN) in Brazil's ITR: how to reduce audit risk | VMAHUB"
description: "Understand Brazil's VTN, excluded improvements and crops, municipal references, valuation reports and undervaluation risk."
canonical: "https://vmahub.com/en/blog/valor-terra-nua-itr/"
language: "en"
source: "VMAHUB"
---

- \[Home\](https://vmahub.com/en/)
- \[Blog\](https://vmahub.com/en/blog)
- Bare Land Value (VTN) in Brazil's ITR: how to reduce audit risk

Agribusiness

# Bare Land Value (VTN) in Brazil's ITR: how to reduce audit risk

Understand Brazil's VTN, excluded improvements and crops, municipal references, valuation reports and undervaluation risk.

**Written by:** [VMAHUB Technical Team](https://vmahub.com/en/quem-somos)

**Accounting and legal review:** [Vivian Sampaio](https://vmahub.com/en/quem-somos)

**Published:** August 5, 2026

**Last reviewed:** August 13, 2026

![Bare Land Value (VTN) in Brazil's ITR: how to reduce audit risk](https://vmahub.com/assets/img/posts/blog/agronegocio/valor-terra-nua-itr.webp)

**Direct answer:** VTN is the market value of a Brazilian property’s bare rural land on **January 1 of the filing year**. It excludes buildings, installations and improvements, permanent/temporary crops, cultivated or improved pasture and planted forests. It is not historic cost, total farm value or an untested municipal figure.

See the [Agribusiness hub](https://vmahub.com/en/blog/categoria/agronegocio), [Accounting and Tax trail](https://vmahub.com/en/blog/categoria/agronegocio/contabilidade-e-tributos) and [DITR 2026 pillar](https://vmahub.com/en/blog/ditr-2026).

Component
Included in VTN?

Land considering location and agricultural aptitude
yes

Native vegetation
within the bare-land concept

Buildings/installations
no

Crops and improved pasture
no

Planted forest
no

Machinery and livestock
no

Set the January 1 valuation date, separate improvements and production, assess location/size/agricultural aptitude, compare market transactions and municipal VTN, document access/soil/topography restrictions and obtain a qualified report when risk is material.

For example, a BRL 12m whole-farm value less BRL 3m informally assigned to improvements does not automatically prove BRL 9m VTN. Each component needs a supported date-specific valuation. Debt does not reduce VTN.

Municipal figures are important audit parameters, not an automatic substitute for the property’s evidence. Keep valuation, professional responsibility record where applicable, maps, photographs, title, comparables and calculation. See [rural accounting](https://vmahub.com/en/blog/contabilidade-rural), [inventory](https://vmahub.com/en/blog/estoque-contabilidade-rural) and [rural income tax](https://vmahub.com/en/blog/imposto-renda-produtor-rural).

### Is VTN the municipal urban assessed value?

No. Federal ITR has its own bare rural land concept.

### Are improvements included?

No, but their exclusion must be supported.

### Must the municipal VTN be copied exactly?

No. It is a relevant reference; the declared amount must represent the property.

### Is a valuation report always mandatory?

Not in every filing, but it can be decisive for material differences or audit.

### When is advice recommended?

For a material difference from references, acquisition/sale, heterogeneous land or a notice.

## Official sources

- \[Federal Revenue VTN page\](https://www.gov.br/receitafederal/pt-br/centrais-de-conteudo/publicacoes/documentos-tecnicos/vtn)
- \[Law 9,393/1996\](https://www.planalto.gov.br/ccivil\_03/leis/l9393.htm)

- \[Federal Revenue ITR Q&A\](https://www.gov.br/receitafederal/pt-br/centrais-de-conteudo/publicacoes/perguntas-e-respostas/itr/perguntas-e-respostas-itr-2020-versao-1-0-14082020.pdf/@@download/file)

[Request a VTN and DITR review](https://vmahub.com/en/juridico/planejamento-tributario-empresarial).

## Sources and references

- Federal Revenue — Bare Land Values
- Law 9,393/1996 — ITR
- Receita Federal — Perguntas e Respostas ITR 2025

Experience that connects decisions

## Brazilian and international business experience in one advisory view.

VMAHUB combines accounting, tax, legal and business strategy with more than 26 years of experience, including work connected to the pharmaceutical industry, retail and agribusiness. The next step is to understand how this scenario applies to your operation.

Informational content. Its application depends on the specific circumstances of each rural producer, company, contract or property.

[Review VTN before filing DITR](https://wa.me/5511915685570?text=Build%20a%20valuation%20memorandum%2C%20compare%20official%20references%20and%20preserve%20technical%20evidence.)

Next Step

## Ready to transform your strategy ?

The team reviews the context you send and replies through the channel best suited to your case.

**WhatsApp** [+55 11 91568-5570](https://wa.me/5511915685570?text=Hello%2C%20I%27d%20like%20to%20talk%20to%20a%20VMAHUB%20specialist.)

**Email** [contato@vmacompliance.com.br](mailto:contato@vmacompliance.com.br)

**Address** R. Alexandre Dumas, 1562 — Chácara Sto. Antônio · São Paulo / SP

**Hours** Mon — Fri
09:00 — 18:00