Brazil’s Chamber of Deputies removes proposed CIDE-Bets tax from bill
Brazil’s Chamber of Deputies removed the proposed CIDE-Bets tax from the Anti-Faction Bill before approving its main body, according to the report. The proposed levy, which was expected to raise about R$30 billion annually, is to be discussed separately, Deputy Guilherme Derrite said.
The bill’s passage leaves betting-tax proposals for separate debate rather than imposing the proposed levy through this measure.