Belo Horizonte committee advances bill to cut betting firms’ service tax to 2%
Belo Horizonte’s Legislation and Justice Committee approved a favourable legal opinion on bill PL 503/2025, which would reduce the service tax rate for betting businesses from 5% to 2%. The proposal must pass three further committees before a first-round vote by the city council, where it would need 28 votes to proceed.
If enacted, the proposed rate reduction would change the service tax paid by betting companies operating in Belo Horizonte.