Federal September tax collection in Brazil increases 12.87%, reaching record level

From January to September, the collection grew 22.30%, adding up to R$1.349 trillion - also a record for the period.

RIO DE JANEIRO, BRAZIL - Brazil's federal government's tax collection had a real increase of 12.87% in September over the same month last year, reaching R$149.102 (US$26) billion, the highest amount ever recorded for the month since recoreds began in 1995, said the Federal Revenue Service on Tuesday.

According to a Reuters poll of analysts, the result was slightly above the expected collection of R$147.85 billion.

From January to September, the federal tax revenue grew 22.30%, also in real terms, adding up to R$1.349 trillion - also a record for the . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?