Brazil Exceeds Expectations with Record Tax Collection in April
In April 2024, Brazil’s government collected a record R$228.87 billion ($44.89 billion), the highest April revenue since 1995. Announced on May 21, this 8.26% increase from last year underscores a robust economic upswing. The end of fuel tax reductions primarily drove this remarkable surge. The new situation was spiking PIS/Pasep and Cofins tax collections to […]