The Union collected R$ 166.28 billion in taxes in September, according to data released today (25) by the Federal Revenue. In comparison with September last year, there was a real growth of 4.07%, discounting inflation, measured by the Broad National Consumer Price Index (IPCA). The value is the highest since 2000, both for the month of September and for the accumulated period.
In the year, the collection reached R$ 1.63 trillion, representing an increase due to inflation of 9.52%. Data on September’s collection is available at Federal Revenue website.
As for the revenues managed by the Federal Revenue, the amount collected in September was R$ 159.60 billion, representing a real increase of 2.65%, while in the accumulated period from January to September the collection reached R$ 1.53 trillion, real high of 7.64%.
The increase can be explained, mainly, by the growth in the collection of Corporate Income Tax (IRPJ) and Social Contribution on Net Income (CSLL), which is levied on corporate profits. According to the Revenue, they are important indicators of economic activity, especially the productive sector.
IRPJ and CSLL totaled a collection of R$ 28.42 billion, with a real growth of 9.85% compared to the same month of 2021. This result is explained by the real increase of 13.28% in the collection of the monthly estimate of non-financial company. In the calculation by monthly estimate, the real profit will be calculated annually, and the company is obliged to collect the tax monthly, calculated on an estimated basis.
The Revenue also notes that there were atypical payments of IRPJ and CSLL of approximately R$ 2 billion, by companies linked to the commodities sector, associated with mining and extraction and refining of fuels.
In the year, IRPJ and CSLL totaled R$ 371.72 billion, with real growth of 20.48%. This performance is explained by the 82.41% increase in the collection related to the IRPJ and CSLL adjustment statement, resulting from taxable events that occurred throughout 2021, and 19.81% in the collection of the monthly estimate.
“Growth in all forms of profit calculation stands out. In addition, there were atypical collections of around BRL 37 billion, especially by companies linked to the exploration of commodities, from January to September this year, and BRL 31 billion, in the same period of 2021”, informed the Revenue.
On the other hand, extraordinary revenues were offset by tax exemptions. In September alone, the reduction in PIS/Confins rates on fuel resulted in a reduction of R$ 3.75 billion. In the year, it reaches R$ 14.60 billion. The reduction of tax rates on industrialized products cost R$ 1.9 billion to the Revenue last month and R$ 11.50 billion in the accumulated period from January to September.
“Without considering the non-recurring factors, there would be a real growth of 9.02% in the collection of the accumulated period and of 6.37% in the month of September 2022”, informed the agency.
Other highlights
Another highlight of the September collection was the Social Security Revenue, which reached R$ 45.77 billion, with a real increase of 4.84%, due to the real increase of 8.50% in the salary mass. In the accumulated result for the year, the result reached R$ 393.36 billion, a real increase of 6.19%. This last item can be explained by the real increase of 6.43% in the salary mass and the real increase of 18.72% in the collection of the social security contribution of Simples Nacional from January to September this year, compared to the same period in 2021.
In addition, there was an increase in tax offsets with debts from social security revenue due to Law 13,670/18, which prohibited the use of tax credits to offset debts from monthly estimates of the IRPJ and CSLL.
The Income Tax Withheld at Source (IRRF) – Capital Income had a collection of R$ 6.73 billion last month, with a real increase of 86.41%. From January to September, the value reaches R$ 62.58 billion, a real increase of 62.80%. The results can be explained by the rise in the Selic rate, which influenced the collection of income from funds and fixed-income securities.
The IRRF – Income from Work presented a collection of R$ 13.25 billion in September, a real growth of 6.71%.
macroeconomic indicators
The Federal Revenue also presented the main macroeconomic indicators that help explain the performance of collection, both in the month and in the year. Among them is the sale of services, with growth of 8% in August (generating factor of the collection of September and 8.63% in the year) and the salary mass, which maintains a significant growth of 17.96% in the month (17.91 % in the year), compared to the same month of 2021.
The dollar value of imports also grew 24.83% compared to August last year (27.10% in the year).
Industrial production grew by 4.11% in August, but fell by 1.48% in the year, compared to the period from January to August 2021. Sales of goods fell by 0.70% in the month and 1.16% in the year.
