Brazil justice minister says betting tax may return in security funding debate
Brazil’s Justice Minister Wellington César Lima e Silva said the government was frustrated that Congress removed the proposed CIDE-Bets tax from the Anti-Faction Bill, but described betting revenue as one possible source of public-security funding. He said alternative proposals were under study; the bill, which excludes the 15% betting tax, has gone to the president for approval.
Operators face uncertainty over whether lawmakers will revisit a betting tax in future public-security funding proposals.