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Brazil lawmakers consider doubling betting tax rate to 24%

Regulation

Brazilian lawmakers are considering proposals to raise taxes on betting companies, with one bill proposing an increase from 12% to 24%. Industry representatives are reported to accept taxing gross revenue but oppose the proposed rate and seek removal of the 15% tax on bettors’ net winnings. The Senate Economic Affairs Committee was due to vote on a separate rate-increase bill on 4 November.

A proposed rate increase and a separate tax on bettors’ winnings could change operators’ tax liabilities in Brazil.

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Regulation

Efraim Filho amendment suggests 20% tax rate on betting winnings

Senator Efraim Filho’s Amendment 14 to Brazil’s Provisional Measure 1357/2026 proposes raising income tax on net betting winnings from 15% to 20%, according to the report’s account of the amendment. The increase appears in its justification as a possible source of compensation for a proposed tax credit for textile retailers, rather than in the amendment’s operative provisions.

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