Federal tax collection rose 7.47% discounting inflation

The dynamism of the Brazilian economy shows another sign of strength; Federal tax collection rose 7.47%, discounting inflation, and reached R$202.6 billion in July, according to the Ministry of Economy.

It is the highest result for the month of July since the beginning of the historical series, which began in 1995. In the year, the accumulated value has a record of R$ 1.309 trillion.

 Since 2019, the Brazilian government has promoted 11 permanent tax reductions, in addition to tax relief on thousands of products, including more than 4,000 industrialized items.