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Economic indicators

Crisis affects collection of taxes linked to production

This article was translated by an automatic translation system, and was therefore not reviewed by people.




The international financial crisis severely impacted the collection of taxes linked to production and profitability of businesses. According to data released this Thursday (19) by the Federal Revenue, the Income Tax Law of the Person (IRPJ) had a decline of 19.7% in first two months this year over the same period last year. The reduction in the Social Contribution on Net Income (CSLL) was 2.46% on the same basis of comparison.

Have a collection of the Tax on Industrialized Products (IPI) on cars was a decline of 91.86% in terms of reduced tax rate for the period January to March this year - the new table of IPI was also applied to the stock of vehicles were not sold until December 12, 2008.

The fall of General IPI was 26.11% in function, according to income, the fall in industrial production. On the revenue generated from the collection of the Social Integration Program (PIS) and Contribution for the Financing of Social Security (COFINS) registered a shrinkage of 13.25% and 18.38% respectively in the first two months of this year.

The Income Tax of Individual (IRPF) reported fall of 18.56% in aggregate of the first two months of 2009, mainly in the item relating to capital gains and net gains on the stock market that last year, gains in revenues puxaram this tribute. The collection of Tax on Financial Operations (IOF) had mild low of 0.64% on the first two months of 2008.

Already reported that the revenue growth were: Import Tax (II), with a high of 4.24%, the Income Tax deducted at source on income from capital (25.85%) and Income Tax deducted at source on income from work (4.61%).

The Revenue Service notes that the outcome of the first term also was affected adversely by the end of the CPMF. Although it was abolished in January of last year, the revenue received that month also increased, from R $ 875 million (current prices), this contribution on the facts generators in December 2007.



Source: State Agency

This article was translated by an automatic translation system, and was therefore not reviewed by people.

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