Brazil federal tax revenue rises 8.97% in July

Boosted by economic growth and recent tax increases, the Brazilian government’s federal tax revenue reached BRL 289.3 billion in July 2026, according to data released by the Federal Revenue Service on Tuesday (Aug. 25). The result represents an 8.97 percent increase in real terms from the same month in 2025, setting a record for July. From January through July, Brazil collected BRL 1.876 trillion. Adjusted for inflation, the amount was 6.98 percent higher than in the same period last…