Total federal revenue grew 9.77% in October compared to the same month last year, the Federal Revenue reported this Thursday (21). In the month, revenue was R$247.92 billion, while in October last year it totaled R$225.9 billion, discounting inflation measured by the Broad Consumer Price Index (IPCA). It is the highest result ever recorded for the months of October since the beginning of the historical series, in 1995, that is, in 30 years.
In the accumulated period from January to October, revenue reached R$2.217 trillion, representing an increase of 9.69%, discounting the IPCA. In relation to Revenues Administered by the Federal Revenue Service, the amount collected in October was R$ 225.23 billion, representing a real increase of 9.93%. In the accumulated period from January to October, revenue reached R$2.1 trillion, registering a real increase of 9.70%.
According to the Revenue, the collection result can be explained, mainly, “by the behavior of macroeconomic variables, by the return of PIS/Cofins taxation on fuels, by the taxation of exclusive funds and by the updating of assets and rights abroad”.
Without considering atypical payments, there would be a real growth of 7.40% in collections for the accumulated period and 8.87% in collections for the month of October.
In relation to PIS/Pasep and Cofins, there was a combined collection of R$47.19 billion, representing real growth of 20.25%.
According to the agency, this performance is explained by the combination of real increases of 3.89% in sales volume and 4.02% in service volume from September 2023 to September this year, according to data from the Institute’s Monthly Commerce Survey Brazilian Geography and Statistics (IBGE), and the increase in revenue related to the fuel sector, the increase in the volume of imports and the positive performance of financial activities.
In the period from January to October, PIS/Pasep and Cofins showed real growth of 19.39%, totaling a collection of R$444.7 billion. This result is mainly due to the real increase of 3.95% in sales volume and 2.5% in service volume between December 2023 and September this year, in relation to the period between December 2022 and September 2023 .
Also influencing the result was the increase in the volume of imports and changes in legislation, with emphasis on the resumption of taxation on fuels, the basis of which was exempted in the previous year, and the exclusion of ICMS from the calculation basis for these credits. contributions.
The data shows that the Import Tax and the Tax on Industrialized Products Linked to Imports had a combined collection of R$ 11.12 billion, representing real growth of 58.12%.
The significant increase is the result of real increases of 22.21% in the dollar value of the volume of imports, 11.04% in the average exchange rate, 30.35% in the average effective rate of Import Tax and 8 .23% in the average effective IPI-Linked rate.
From January to October, joint tax collection was R$87.5 billion, representing real growth of 28.97%. This result also resulted from real increases of 9.40% in the dollar value of the volume of imports, 5.41% in the average exchange rate, 20.06% in the effective average rate of Import Tax and 8. 84% on the average effective IPI-Linked rate.
With regard to Social Security Revenue, October presented a collection of R$ 54.2 billion, which represents a real growth of 6.25%.
“This result is due to the real growth of 6.86% in the wage bill, 9.79% in the collection of Simples Nacional Previdenciário and 10.86% in the amount of tax compensations with debts of social security revenue, in the comparison of October this year in relation to the same month of the previous year”, said the Revenue.
In the period from January to October, Social Security Revenue totaled R$539.6 billion, with real growth of 5.77%. The result is due to the real growth of 7.20% in the wage bill and 12.77% in the amount of tax compensations with social security revenue debts, in the period from January to October 2024, in relation to the same period of the previous year.
In the period from January to October, the collection of Personal Income Tax (IRPF) showed a real increase of 16.85%, due to the updating of assets and rights abroad, which totaled R$ 7.7 billion . During the period, Revenue collected R$62.16 billion.
In October, the Revenue reported that IRPF collection was R$4.9 billion, an increase of 6.71%, resulting mainly from the real increase of 6.93% in collection related to declaration quotas and 17. 46% of revenue from carnê-leão.
The Corporate Income Tax (IRPJ) and the Social Contribution on Net Profit (CSLL) showed, in October, a growth of 4.29%, totaling a combined collection of R$57.349 billion.
The performance can be explained by the real increases of 9.15% in the quarterly balance sheet collection, 8.8% in the presumed profit and 22.06% in the collection of the item Official release, deposits and legal additions.
In the period from January to October, IRPJ collection was R$284.3 billion and CSLL was R$151.5 billion, which represents increases of 0.49% and 3.42%, respectively.
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