Brazil delays sports betting selective tax proposal until after election period
Brazil’s federal government is expected to submit its proposed selective tax on sports betting to Congress in November, according to reports, after concerns that a tax debate could cause political damage before the election period. The rate has not been disclosed, and consumer billing would start no earlier than the second quarter of 2027, even if approval is rapid.
The expected timetable gives betting businesses a later proposed tax decision and a potential 2027 billing start.