Tax Authority Fills Coffers with Late Payment Interest Collection
Business

Tax Authority Fills Coffers with Late Payment Interest Collection

Correio da Manhã6 September 2026 at 01:30

In just seven months, the Tax Authority managed to collect 131.6 million euros from the collection of late payment interest and compensatory interest, a value that already exceeds the revenue forecast for the entire year of 2026.

The article indicates that the collection of these interests, applied on late payments or due compensations, has generated significant revenue for public coffers.

This performance significantly exceeds the initial forecasts for the period, demonstrating that the inspection and collection of financial penalties has been more effective than expected by the tax authorities.

Related articles

Business

Swiss watchmaking seeks innovation to attract young consumers

The Swiss luxury watch industry faces significant challenges in attracting younger consumers, with exports falling from 25.4 million units in 2016 to 14.6 million last year. The strategy of offsetting declining sales with higher prices has benefited premium brands such as Rolex, Patek Philippe, and Cartier, but has penalized mid-range manufacturers. The president of Geneva Watch Days and chairman of Bulgari, Jean-Christophe Babin, warns that the sector has prioritized technical improvements over bolder innovations, and that Chinese movements already present quality comparable to Swiss suppliers in the most common complications.

Eco06/09/26, 02:44
Business

Brazilian inequality in 6 graphs: Oxfam study data

An Oxfam study on Brazilian inequality shows that the richest 1% of the population concentrates 24.3% of all national income and 37.3% of the country's wealth, highlighting the extreme concentration of wealth in Brazil. The analysis, presented in six graphs, details how this inequality manifests in different economic and social dimensions of the country.

Pt Noticias06/09/26, 01:55
Business

BPI in Angola. More than three decades of a "beautiful story" that yielded many profits

BPI is about to leave the Angolan market after more than three decades, selling the 33.35% it held in Banco de Fomento Angola (BFA) to Grupo Carrinho for approximately 388.5 million euros. The exit was forced by the European Central Bank in 2014, which required the reduction of exposure to Angola. The initial investment of three million euros generated returns exceeding one billion, including dividends, sales of stakes to Unitel and capital gains. The stake was progressively reduced to the current 33.35%, with the now agreed sale marking the end of a presence that was profitable but conditioned by regulatory obligations.

Eco06/09/26, 01:53
Business

Why are European countries withdrawing their gold reserves from North America?

Several European countries are repatriating their gold reserves stored in North America, especially in the United States, in response to growing global instability caused by trade and military wars. The movement reflects a national security strategy, with nations choosing to keep their metallic reserves closer to their territories, reducing dependence on foreign storage infrastructure.

BBC News Brasil06/09/26, 01:52