Brazil sets tax liability rules for parties facilitating illegal betting

Brazil’s Finance Ministry published Resolution MF No. 1.766/2026, setting tax-liability rules for irregular betting operations. Financial and payment institutions facilitating transactions for illegal operators, and people or companies promoting their advertising, may be jointly liable for applicable taxes; SPA and Receita Federal will give notified parties 24 hours to restrict relevant transactions. The resolution provides for an administrative tax process and the right to respond and defend against liability.