Federal revenue broke a new monthly record in July this year, reaching R$ 202.588 billion between taxes and contributions. This is the best result for the entire historical series for the month, starting in 1995.
The result is also the seventh consecutive record in 2022, considering the annual comparison of previous months.
The amount represents an increase of 7.47% compared to the collection of the same month of 2021, when the government recorded a collection of R$ 171.3 billion. In the accumulated of 2022, the federal collection already reaches R$ 1.29 trillion.
According to the Brazilian Federal Revenue, the results can be explained mainly by the increase in the collection of Corporate Income Tax (IRPJ) and Social Contribution on Net Income (CSLL), which are levied on public and private companies.
The data made available this Friday (26) by the RFB highlight that the IRRF (Income Tax Withheld at Source) had a collection of R$ 6.37 million, with a real increase of 52.54% in the period in relation to July of the last year.
According to the Revenue, the result can be explained by the nominal increases of 153.36% in the collection on “Fixed Income Investment (Individuals and Businesses)” and 86.33% in the collection of the item “Fixed Income Funds”.
With the rise in the basic interest rate, the Selic, investments in fixed income become more attractive. Currently, the Selic in Brazil is at 13.75% per year.
Source: CNN Brasil
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