Brazil decree sets tax liability rules for irregular fixed-odds betting
Brazil’s Decree 12.808/2025 establishes rules on liability for taxes linked to irregular fixed-odds betting, according to the decree description. Banks, payment providers and advertisers may be held jointly liable if, after formal notice, they fail to restrict activity within set deadlines or enable transactions with unauthorised operators. The Finance Ministry’s Secretariat of Prizes and Betting is to issue procedures, deadlines and sanctions.
Banks, payment providers and advertisers face potential liability linked to transactions and advertising for unauthorised betting operators.