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Brazil tax authority reports R$ 18.9 billion in atypical revenue linked to oil sector
Valor Econômico·BR·about 15 hours ago
Brazil's federal tax revenue reached R$ 289.4 billion in July, marking an 8.97% real-term increase year-over-year. The growth is attributed to higher oil-related receipts and the Tax on Financial Operations (IOF), signaling a robust fiscal performance for the first seven months of 2026.