Brazil Tax Revenues Reach Record High: Daily

By William Jones, Contributing Reporter

RIO DE JANEIRO, BRAZIL - According to the Receita Federal, the Brazilian internal revenue service, the collection of federal taxes totaled R$112.5 billion for the month of November, a record high. During the year the total taxes paid in Brazilian society hit the mark of R$1 trillion for the first time. The total collected between January and November was R$1.019 trillion, an increase of 3.63 percent over last year.

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