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Brazil: Federal tax collection totals US$343 billion and sets a record in 2021

RIO DE JANEIRO, BRAZIL - The economy's recovery and taxes on profits and income ensured record revenue in 2021. According to figures released today (25) by the Federal Revenue Service, the federal government collected R$1.879 trillion (US$343) last year, a growth of 17.36% compared to that recorded in 2020, discounting official inflation by the National Wide Consumer Price Index (IPCA).

The result was slightly above the specialists' forecast. According to the Fiscal Prism, a monthly survey of market analysts released by the Ministry of Economy, financial institutions estimated the collection of R$1.864 trillion in . . .

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