Federal Tax Revenue in Brazil Totaled 157 Billion in April 2021
Brazilian federal tax revenue is the total tax received by the federal government. In April 2021, the federal government collected revenues of BRL 157 billion, an increase of 13.7 percent over the previous month. It represents an increase of 55.0 percent compared to the same month of the previous year.
April 2021
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 60 billion, followed by Social Security Contributions and Goods and Services Taxes.
Revenue by Tax
There are several taxes collected by the federal government. See below revenue by tax for April 2021.
Federal Tax by Region
The Southeast has the largest federal tax revenue of all regions. It accounted for BRL 102 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 2021 is BRL 603 billion. In the same period of the last year, the tax revenue was BRL 502 billion, an increase of 20 percent.
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.