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LatinNews Daily - 23 October 2026
In brief: Brazil posts year-on-year rise in tax revenue
*The Receita Federal do Brasil (RFB), Brazil’s tax and customs authority, has released the monthly tax revenue figures for September, which showed a total tax take of R$239.38bn (US$47.44bn). This marks a 5.62% increase in real terms compared to the monthly tax revenue of R$216.73bn registered for September 2025. In its September report, the RFB highlighted that revenue from social security contributions totalled R$64.59bn, marking a real increase of 6.18% year-on-year. The report also noted a real increase of 21.07% in revenue raised from import taxes, including the tax on industrial goods (IPI) which is also levied on imported items, with a total monthly tax take of R$13.32bn. Meanwhile, monthly revenue in September from withholding income tax (IRRF) totalled R$12.06bn, up 9.68% in real terms.
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