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Brazil finance ministry sets tax liability rules for illegal betting

Regulation

Brazil’s Ministry of Finance issued rules making financial institutions, payment firms and advertisers jointly liable for taxes linked to unauthorised fixed-odds betting, reportedly published on 17 June. Financial and payment institutions must restrict relevant transactions within 24 hours of formal notice; advertisers can face liability without prior notice.

Payment providers and advertisers face new tax exposure tied to transactions or promotions involving unauthorised betting operators.

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Regulation

SPA sets bank account blocking rules for illegal betting operators

Brazil’s SPA has issued an ordinance setting rules for banks to block accounts belonging to unauthorised betting operators. The measure also specifies indicators of fraudulent transactions.

Brazil's Secretariat of Prizes and Betting (SPA), part of the Ministry of Finance, has published Ordinance SPA/MF No. 2.750, which sets out how banks, payment institutions and payment arrangement providers must identify, block and report transactions linked to unauthorised fixed-odds betting operators. The ordinance was signed by SPA secretary Daniele Correa Cardoso on 10 September 2026 and published in the Official Gazette on Monday 14 September, according to the ministry. It replaces Ordinance SPA/MF No. 566 of 20 March 2025, which addressed the same subject in more general terms.

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