Historical record: Brazilian tax revenue closes 2022 with more than US$430 billion

The Brazilian Federal Government revenue from taxes, contributions and other revenues reached R$2.2 trillion (US$430 billion) in the entire year of 2022, since the beginning of the historical series, in 1995.

In amounts corrected for inflation, the amount collected in 2022 totaled R$2.25 trillion, which represents a real increase of 8.18% compared to the year 2021 (R$2.08 trillion).

In December of last year alone, still according to official figures, the amounts collected by the federal government totaled R$210 billion, with a real increase of 8.4% compared to the same period of the previous year.

Federal revenue in trillions, with values corrected for inflation, according to the Federal Revenue Service:

• 2012 – 1.903
• 2013 – 1.981
• 2014 – 1.945
• 2015 – 1.836
• 2016 – 1.781
• 2017 – 1.792
• 2018 – 1.877
• 2019 – 1.908
• 2020 – 1.776
• 2021 – 2.085
• 2022 – 2.256

In the document released this Tuesday, the Revenue cited the main factors that, together, contributed to this result:

• performance of the main macroeconomic indicators that influence tax collection, such as industrial production, sales of services, wage bill and dollar value of imports.
• performance of IRPJ/CSLL collection, in particular, the annual adjustment and the monthly estimate;
• growth in social security collection due to the increase in wages and the increases observed in the collection of Simples Nacional;
• growth in IRPF Capital collection, especially in items related to bonds and fixed income funds.
• temporary reduction of Import Tax rates;
• tax exemptions on fuels and on industrialized products with an impact, respectively, on PIS/Cofins, CIDE on fuels and IPI collections.

With information from Revista Oeste