News

Federal revenues increased in September

19 de outubro de 2017

Taxpayer debt restructuring with the Union and the fuel tax hike drove revenues up 8.66% over the same month of last year.

Brasília – Driven by taxpayers’ debt restructuring with the Union and the fuel tax hike, federal revenues went up in September. According to inflation-adjusted data released by the Federal Revenue Service this Thursday (19), Union’s revenues reached BRL 105.595 billion (USD 33.65 billion), up 8.66% over the same month of last year. This is the best result for the month since 2015 in adjusted numbers.

In the year’s nine first months, federal revenues totaled BRL 968.334 billion (USD 308.61 billion), up 2.44% in comparison to the same period of last year. The amount also is the highest since 2015 in inflation-adjusted numbers. If to be considered only revenues managed by the Federal Revenue Services (such as taxes and contributions), the increase was of 1.62% in 2017. Total revenues include those that aren’t managed by the Federal Revenue Service, such as oil royalties.

*Translated by Sérgio Kakitani