Brazilian Government Gets Record Revenue for January

Brazil’s Total government revenue in January was a record for the month: US$ 20.5 billion (43.7 billion reais). However, January government revenue was down 13.4%, compared to December.

The Social Security System (Previdência Social) had a 9.37% increase in its revenues, while income tax revenue for the government rose 7.25%, compared to January 2005.

Here is a breakdown on government revenue for January 2006. Income tax revenue reached 10.894 billion reais (up 6.66% over January 2005); the Social Security Contribution (Contribuição para a Seguridade Social) (Cofins) reached 7.952 billion reais (+ 5,10%); and the Social Contribution on Net Profits (Contribuição Social sobre Lucro Lí­quido) (CSLL) reached 3.035 billion reais (+ 12,69%).

The government also received 2.403 billion reais from its debit tax on financial transactions (Contribuição sobre Movimentação Financeira) (CPMF) and 2.250 billion reais from its Industrial Property Tax (Imposto sobre Propriedade Industrial) (IPI) and 2.086 billion reais from PIS/Pasep.

ABr

Tags:

Ads

You May Also Like

New Brazil’s Envoy to Algeria Mission: Reduce Brazilian Trade Balance Deficit

Henrique Sardinha Pinto, the head of the Commercial Promotion Department of the Brazilian foreign ...

Brazil’s Golden Chainsaw Award Has Winner. Lula Is Runner Up.

Mato Grosso’s governor, Blairo Maggi,  has won Greenpeace’s Golden Chainsaw award for the Brazilian ...

Dad, the Life of a Rio’s Party

My father’s favorite sound was that of a woman laughing at something he said. ...

Pirelli Spends Over US$ 50 Million on New Brazilian Unit

Italy-based tire company Pirelli inaugurated Wednesday, March 22, the expansion of the company industrial ...

Brazil’s Agribusiness Exports Much Better than Anticipated

Brazil's current scenario for agriculture is much better than the forecasts made in late ...

1 Million Kids as Young as 5 Working in Brazil

Over a million children in Brazil between the ages of 5 and 13 work, ...

Brazil Benefits from Central American Free Trade Agreement

The free trade agreement signed by the United States, Central America, and the Dominican ...

Full Circle

By Brazzil Magazine Then, my heart skipped a beat. I swallowed hard and could ...

Flight 1907: Brazil’s Air Force Rebuffs Colombian Pilot Who Panned Air Controllers

Brazilian aviation authorities told yesterday, October 24, that they had finally found a missing ...

Brazil Industry Urges War on Piracy

Paulo Skaf, the president of the Fiesp (Federation of Industries of the State of ...