Brazil's tax collection up 10.5% in July

13:49, August 18, 2010      

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Brazil's tax collection totaled 67.973 billion reais (38.841 billion U.S. dollars) in July, up 10.5 percent month on month, the Federal Revenue Secretariat said Tuesday.

The figure was a record high for the month of July, it said.

The total consists of three parts -- federal taxes and tariffs, social security contributions, oil exploration taxes and others -- which saw an increase of 8.9 percent, 1.3 percent and 194.3 percent, respectively, in July.

The secretariat also said the country's total tax revenue in the first seven months of 2010 was 450.914 billion reais (257.665 billion dollars).

Source:Xinhua

(Editor:黄蓓蓓)

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