Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.944

+0.5%

Nov 28 9:30 AM EST

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To: Jerry A. Laska who wrote (6524)	8/11/1998 6:32:00 PM
From: Steve Fancy	of 22640

Brazil July Federal Tax Revenue 10.49B Reals Vs 9.02B June Dow Jones Newswires BRASILIA -- The Brazilian government showed tax revenues of 10.49 billion reals (BRL)($1=BRL1.17) in July, up from receipts of BRL9.02 billion the previous month, the Federal Revenue Department reported Tuesday. The July figure is also higher than the BRL9.74 billion in receipts registered in the same month in 1997. Revenues for the first seven months of 1998 were BRL76.42 billion, compared to BRL62.50 billion in the January-July period last year.

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