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Brazil Senate committee approves bill raising taxes on betting companies

Regulation

Brazil’s Senate Economic Affairs Committee approved bill PL 5.473/2025, which would increase the state’s share of net fixed-odds betting revenue, according to the commentary. The text was presented on 2 December and also proposes changes to financial-sector contributions and a low-income tax regularisation programme.

If enacted, the proposal would change the distribution of betting revenue and affect tax obligations for betting companies.

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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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