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Brazil government proposes raising online betting GGR tax to 18%

Regulation

Brazil’s finance minister Fernando Haddad said the government plans to raise the tax on online betting companies’ GGR from 12% to 18% as part of measures to offset changes to IOF rates. The proposal is to be detailed in a provisional measure, which takes effect immediately but requires legislative review; the president must also validate the changes.

The proposed increase would change the tax burden for betting operators in Brazil from 12% to 18% of GGR.

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Regulation

Brazilian Senate considers bill raising betting tax to 15%

Brazil's Chamber of Deputies approved a bill raising tax on betting companies and cutting tax incentives, and the Senate was due to consider it on 17 December, according to reports. The measure would raise the tax on betting revenue from 12% to 15% in annual steps through 2028; the article reported a target of R$20bn in revenue for the 2026 budget.

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