The new limit for carrying currency in cash without declaration on arrival or departure from the country increased from BRL 10,000 (USD 1.900) to USD 10,000.
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Special Department of Federal Revenue of Brazil has expanded the list of imported goods whose customs clearance will be speeded up for being necessary in the fight against COVID-19.
Brazil’s Federal Revenue reported BRL 114 billion collected, up only 0.06% from September 2018, but still the highest amount for the month since 2014.
USD 29 billion went into the government’s coffers during the month, the highest result for the month since 2014.
Brazil’s Federal Revenue has changed its stance on charges formerly applicable to entry of funds stemming from foreign salese, as per this Wednesday (24)’s Federal Gazette.
Federal revenue reached almost USD 32 billion in the month, up 4.7% from a year ago, when the truckers’ strike impaired collection.
USD 34 billion went into the government’s coffers during the month in Brazil, with collection driven by oil royalties.
The amount collected in February was BRL 115 billion, up 5.3% from a year ago.
The amount collected by government is down 0.27% from November 2017.
The Brazilian government saw revenue go up 1.08% year-on-year.
Tax collection was up 12.8%, driven mainly by improved results from businesses.
