Brazil’s Record Revenue Collection in May 2024

In May 2024, Brazil set a new record by collecting R$202.98 billion ($37.74 billion) in federal revenue. This figure marked the highest for May since records began in 1995. Compared to May 2023’s R$183.75 billion ($34.16 billion), the increase was 10.46% after inflation adjustments. On June 25, the Brazilian Tax Authority announced these results, highlighting […]