Federal tax revenue totals R$ 239 billion in September

In brief

Federal revenue was R$ 239 billion in September.

Year to date it rose 6.97% above inflation.

Verified fact · material
The Federal Revenue Service said on October 22, 2026 that federal tax revenue totaled about R$ 239 billion in September.
Revenue.
Sources[01][02]
Verified fact · material
From January to September, revenue totaled R$ 2.35 trillion, up 6.97% in real terms from the same period of 2025.
Year to date.
Sources[01][02]
Verified fact
According to Agência Brasil, September's real growth was 5.62% from September 2025.
Month.
Sources[01]
Verified fact
According to Correio Braziliense, it was the best September in the series started in 2000.
Record.
Sources[02]

Transmission to assets

Revenue performance gives the government room, but the Supreme Court's ISS ruling may cut part of it.

Juros futurospositive

Strong revenue eases fiscal risk.

Court ruling cuts revenue.

What would change the view: Spending held.

rates10% confidence

Direction is an explanatory hypothesis, not a forecast or recommendation.

Next signals

Limits of the reporting