Brazilian federal tax revenue is the total tax received by the federal government. In February 2022, the federal government collected revenues of BRL 148.66 billion, a decrease of 36.8% over the previous month. It represents an increase of 16.4% compared to the same month of the previous year.

February 2022

Sources of Tax Revenue

The major sources of federal tax revenue are social security contributions, income taxes, and goods and services taxes.

Income tax, the largest revenue source, accounted for BRL 50 billion, followed by Social security contributions and Goods and services tax.

Revenue by Tax

There are several taxes collected by the federal government. See below revenue by tax for February 2022.

Federal Tax by Region

The Southeast has the largest federal tax revenue of all regions. It accounted for BRL 97 billion, followed by the South, the Midwest, the Northeast, and the North.

Revenue by State

São Paulo (SP) contributes the most taxes to the federal budget, followed by Rio de Janeiro (RJ).

Year-to-Date Tax Revenue

The year-to-date federal tax revenue in 2022 is BRL 384 billion. In the same period of the last year, the tax revenue was BRL 308 billion, an increase of 24.7%.

Federal tax revenues are collected by the Brazilian federal revenue service agency (RFB), short for Receita Federal do Brasil in Portuguese. States and cities also collect taxes on goods and services.

See the article below for a brief description of the main taxes in Brazil.

Main Taxes In Brazil