Belo Horizonte committee backs proposed 2% tax rate for betting platforms
Belo Horizonte’s municipal budget and finance committee approved a favourable report on a city-backed bill to reduce the ISSQN rate on online sports betting platforms from 5% to 2%. The proposal can now go to a first-round vote in the city council; approval requires 28 votes.
If enacted, the proposal would reduce the municipal service tax rate applied to betting platforms in Belo Horizonte.