
After several actions against fuel distributors accused of tax evasion, São Paulo managed to collect 93% more ICMS in the fuel sector in just one month.
The most recent data from the São Paulo Department of Finance indicates that ICMS collection increased from BRL 273 million in September to BRL 527 million in October, among companies operating in the fuel wholesale trade.
Beginning in late August, operations such as Carbono Oculto and Poço de Lobato targeted businesses suspected of being involved with criminal factions.
The trading volume of companies like Refit was absorbed by other distributors, which generated the highest revenue of the year.