Across Brazil, the Brazilian oil giant collected BRL 93,5 billion in state taxes last year

Petrobras, the Brazilian oil giant, paid R$ 9,5 billion in Tax on Circulation of Goods and Services (ICMS) in Rio de Janeiro in 2021, equivalent to 20,1% of all that the State collected in the year with the tax, and 37% greater than the R$ 6,9 billion collected in 2020. The information is contained in the company's Fiscal Report, disclosed in the yesterday afternoon, March 22nd.

Durante o ano passado, a Petrobras recolheu R$ 93,5 bilhões de ICMS em todo o país, sendo R$ 61 bilhões como resultado das operações inerentes às suas próprias atividades comerciais, e R$ 32,5 bilhões na condição de substituta tributária, em que a companhia assume o ônus legal e responsabilidade de recolher o ICMS devido por outros agentes econômicos, como distribuidores e revendedores, ao longo da ****** de comercialização dos combustíveis, até o consumidor final. Esse valor total representa um aumento de 43% aos R$ 65,5 bilhões recolhidos em 2020.

The more resources Petrobras generates, the more it gives back to society. In 2021, Petrobras transferred approximately R$230 billion to Brazilian society in dividends for the Union and taxes to the federal, state and municipal governments.

Petrobras' 2021 Fiscal Report can be accessed here.

Petrobras fills public coffers with BRL 54,5 billion in royalties: this is the highest amount ever paid by the oil company to the Federal Government, states and municipalities, in history!

In 2021, Petrobras collected a total of BRL 54,5 billion from public coffers in royalties and special participations alone, the highest annual amount ever paid by the company. According to the state-owned company, this amount represents an increase of about 70% compared to 2020 (R$ 32 billion), and approximately 36% compared to 2019, the previous record (R$ 39,9 billion). 

These expressive values ​​demonstrate that the Petrobras activities generate returns not only for the company, but for society as a whole. In the last 5 years, the increase was even greater. The amount collected in 2021 is about 285% of royalties higher than what was paid in 2016 (R$ 14,2 billion).

Check below the evolution of royalties collected in the last 5 years