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Old 08-03-2011, 09:14 PM   #1
Bruce0p9y
 
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Default christian louboutin shop Markets

* Tax revenues in June jump 23 percent from year-ago christian louboutin shop
* Revenues for year to date at 471.390 bln reais (Adds cause behind tax jump)
BRASILIA christian louboutin shop , July 19 - Brazil's tax collectionsurged in June from the year-earlier month christian louboutin shop , the federal taxauthority said on Tuesday, as a number of companies paid theirtaxes ahead of time.
Tax revenue in June, adjusted for inflation, climbed to82.726 billion reais ($52.3 billion)christinan louboutines Minnesota, an advance of 23.1percent from June 2010.
In the first half of the year christian louboutin shop , tax revenues reached 471.390billion reais, a gain of 12.7 percent from the first six monthsof last year.
Several companies moved up certain tax payments in June,adding to revenues in the month. During the global financialcrisis, the government allowed some companies to parcel outtheir tax payments over several years.
A rise in aggregate wages and robust consumer spending havealso helped drive a strong increase in tax revenues this year,improving the government's fiscal position after a significantdeterioration last year.
The country missed its main budget target in 2010, with aconsolidated primary surplus BRPSPS=ECI in the 12 monthsthrough December of 2.78 percent of gross domestic product,well below the goal of 3.1 percent of GDP for the year.
Latin America's largest economy is expected to slow togrowth of about 4 percent this year after expansion of 7.5percent in 2010. ($1=1.582 reais) (Reporting by Isabel Versiani; writing by Luciana Lopez;editing by Chizu Nomiyama and Jeffrey Benkoe)
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