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Brazilian Chamber faces vote on bill proposing 15% betting transfers tax

Regulation

Brazil’s Chamber of Deputies is due to consider the Anti-Faction Bill after the Senate approved it on 10 December, with the proposal awaiting scheduling before the congressional recess. The text includes a proposed 15% levy on transfers from individuals to online betting platforms, with revenue assigned to the National Public Security Fund; betting-sector representatives warned it could strengthen illegal gambling.

The proposal could change the tax burden on licensed betting platforms if deputies approve it.

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Brazil’s Chamber president defends removal of proposed betting tax

Brazilian Chamber of Deputies president Hugo Motta said the chamber removed the proposed CIDE-Bets tax from the Anti-Counterfeiting Bill because its focus was organised crime, not sector-specific taxation. The proposed 15% levy was projected to raise up to R$30 billion annually; Motta questioned that estimate and warned that excessive taxation could favour illegal betting. The bill is ready for presidential sanction, while the tax is expected to be considered separately.

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