*The tax authority of Brazil’s government, Receita Federal do Brasil (RFB), has released its latest tax revenue figures, showing a total national tax take of R$2.32trn (US$468bn) for 2023. This marks an increase of 4.49% in nominal terms from the R$2.22trn collected in 2022, but the annual variation in real terms showed a slight decrease of 0.12%. Most of the country’s total tax revenue was collected by the RFB (R$2.20trn), which marks a 5.68% annual increase in nominal terms and a 1.02% rise in real terms. However, the revenue collected by other authorities, such as state and municipal administrations, came to R$113.69bn, down 14.2% in nominal terms from the R$132.50bn collected in 2022 and marking a drop of 17.97% in real terms.
Back
LatinNews Daily - 24 January 2024
In brief: Brazil’s annual tax take decreases in real terms
- VENEZUELA: Renewed crackdown draws US concern
- In brief: Bolivia’s gov’t highlights cost of pro-Morales protests
- BRAZIL: Gov’t addresses anti-indigenous violence in northeast
- In brief: Brazil’s annual tax take decreases in real terms
- COSTA RICA: Chaves unveils package of security bills
- In brief: Costa Rica’s exports post solid growth
- MEXICO: Gov’t hails US ruling reviving lawsuit against US gunmakers
- In brief: Mexico’s Pemex signs agreement with Venezuela
- PARAGUAY/REGION: Asunción prepares for Mercosur meeting
- In brief: Argentina’s economic activity falls