Brazil Posts Record Tax Revenue as New Levies Kick In

2026-02-26 - 09:43

Key Points — Federal tax revenue hit R$325.8 billion ($62.9 billion) in January 2026, the highest monthly figure on record since tracking began in 1995, up 3.56% in real terms from a year earlier — Revenue from the financial transactions tax (IOF) jumped 49%, adding R$2.6 billion, while sports betting taxation surged from R$55 million