Belo Horizonte proposes cutting betting operators' ISS rate to 2%

Belo Horizonte Mayor Álvaro Damião sent a bill to the city council in July proposing to reduce the ISS rate on betting operators from 5% to 2%. The proposal remains before the Legislation and Justice Committee; Brazil's federal government has separately proposed raising the sector's GGR tax from 12% to 18%, but Congress has not considered that measure.