02/23/2024 – 11:21
Federal tax collection reached R$ 280.6 billion in January this year, which represents a real increase of 6.6% compared to the same period of the previous year, according to data released on Thursday, 22, by the IRS Federal Government of Brazil (RFB). The amount is the highest recorded since the beginning of the historical series that began in 1995.
+For Revenue, there was resilience in federal revenue in all taxes in 2023
According to the IRS, just by taxing exclusive funds, the government raised R$4.1 billion in January. This was one of the revenue measures proposed by the Ministry of Finance and approved by Congress throughout the second half of 2023. Without inflation correction, assessed revenue rose 11.48% in the first month of the year.
There was also an inflow of R$4 billion resulting from adjustments to companies' Corporate Income Tax (IRPJ) and Social Contribution on Net Profit (CSLL) declarations, which will occur until March. The inflow of this revenue resulting from the adjustment is concentrated in January.
When considering only the revenues managed by the RFB, there was a real increase of 7% last month, totaling R$262.6 billion. The nominal increase, in this case, was 11.8%.
The revenue from other federal bodies, such as oil royalties, for example, totaled R$17.7 billion in January this year, which represents a real increase of 1%. In nominal terms, these types of revenues rose 5%.
The tax authorities also recorded an increase in revenue with the reduction in the PIS/Cofins waiver on fuels and cooking gas. Furthermore, the payment of Corporate Income Tax and CSLL registered an atypical increase of R$4 billion in January, driven by the adjustment of the balance sheets of companies that collect taxes based on real profits, especially financial institutions.
These companies had a 33.74% increase in tax collection in the first month of the year, the best performance among the activities monitored by the Revenue.
Exemptions decrease, but still weigh on federal revenue
Due to tax exemptions, the IRS reported that the federal government failed to collect R$11 billion in the first month of this year. In January 2023, the tax waiver had been R$12.3 billion.
The sources of tax waivers last month were related to Taxes on Industrialized Products (IPI), of R$170 million; to PIS/Cofins on fuels, R$2 billion; the Presumed Profit, of R$ 149 million; to Charitable Entities – Cebas, of R$ 115 million; in addition to other waivers that together removed R$8.4 billion from federal revenue in January.
* With information from Estadão Conteúdo
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