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Belo Horizonte council commission seeks details on proposed sportsbook tax cut

Regulation

A Belo Horizonte City Council commission approved a request for information on the city government's bill to reduce the service tax rate for betting companies from 5% to 2%. Councilor Bruno Pedralva asked public agencies about the proposal's economic and social effects, legal compliance and budget impact.

The proposed tax change could affect betting companies considering operating in Belo Horizonte.

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