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Federal revenue grows 10.78% and reaches R $ 104.2 billion in August

Recipe

In the first eight months of the year, the accumulated value was R $ 862.739 billion, 1.73% more than in the same period of 2016

Total federal revenues totaled R $ 104.206 billion in August, an increase of 10.78% over August last year, discounting inflation by the Broad Consumer Price Index (IPCA). The information was disclosed on Wednesday (20) by the Federal Revenue Secretariat. 

In the first eight months of the year, the federal revenue accumulated R $ 862.739 billion, 1.73% more than the same period of 2016, discounting inflation by the IPCA. If only the amounts administered by the Internal Revenue Service (such as taxes and contributions) are considered, the collection was R $ 102.228 billion, up 10.64% in August. In the accumulated amount of the year until last month, the revenue collected by the Revenue totaled R $ 837.872 billion, an increase of 0.81%.

In the case of revenues managed by other bodies (mainly   petroleum royalties ), there was an increase of 18.68% in August and 2.88% in the accumulated period of the year until last month.

According to the Revenue, the August collection had a positive impact due to the improvement in the collection of taxes on income (Corporate Income Tax -  IRPJ and Social Contribution on Net Income - CSLL). There was also an influence of the Special Tax Regularization Program (Pert), which regulates debts of taxpayers with the Union and whose membership period began in August, in addition to the increase in tax rates on gasoline and diesel and the growth of economic activity.

Source: Portal Brasil, with information from Agência Brasil