The tax burden rises to 32.43% of GDP, according to the Federal Revenue Service



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The tax burden has reached 32.43% of all that the country produces – Gross Domestic Product (GDP), in 2017. The information was released today (3) by the Federal Tax It is the highest index in four years.

Compared with 2016 (32.29%), the tax burden increased by 0.14 percentage points. According to the revenues, the variation resulted from a combination of increases in real terms (excluding inflation) of 0.99% of GDP and 1.4% of tax revenues of the three levels of government.

The GDP of the year 2017 has increased compared to the previous year, reaching about R $ 6.56 billion.

Of the federal taxes, those that contributed the most to the increase in the tax burden were the Social Integration Programs (PIS) and Public Welfare Programs (Pasep), and the contribution to the financing of the Social Security (Cofins), responsible for a growth of 0.21 percentage point. According to Revenue, this increase is mainly due to higher fuel tax rates (gasoline and diesel).

The largest reductions are due to the corporate tax and the social contribution on profits (CSLL), responsible for a decrease of 0.35 percentage points. This is due to the fact that in 2016, collection increased with the Special Regime of Trade and Taxation, known as the Repatriation Act. This regime allowed the regularization of resources, badets or rights transferred or kept abroad or repatriated by residents or domiciled in the country, which had not been declared or had been misreported. In total, R $ 23.5 billion was collected in 2016.

With regard to state taxes, collection increased compared with the previous year's traffic tax goods and services (ICMS) of 0.12. percentage point.

Actual notes, money. Photo: Agência Brasil

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