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Brazil Senate committee postpones vote on betting tax increase to 24%

Regulation

Brazil’s Senate Economic Affairs Committee postponed its scheduled vote on Bill 5473/2025 after its president, Renan Calheiros, was told the proposal lacked enough support in the Chamber of Deputies. The bill would raise the tax on bets from 12% to 24%; the committee delayed consideration while political leaders seek support.

The proposed tax increase would change the rate applied to betting in Brazil from 12% to 24%.

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Senate committee schedules vote on proposed 24% betting tax share

Brazil's Senate Economic Affairs Committee is due to vote on 4 November on a bill covering taxes on betting companies and fintechs, reportedly after rapporteur Eduardo Braga submitted a favourable report with two amendments. The proposal would raise the federal share of net fixed-odds betting revenue from 12% to 24%, with the increase to be phased among states and municipalities from 2026 to 2028.

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