Brazilian committee advances lottery prize-record rules in money-laundering bill
Brazil’s Chamber of Deputies Finance and Taxation Committee approved a bill requiring companies to record lottery and sweepstakes prizes above the income-tax exemption threshold. The records would include winner, prize and payer details, be kept for at least five years, and preserve winner anonymity; the proposal proceeds to the Constitution, Justice and Citizenship Committee before a plenary vote.
Lottery operators could face new record-keeping duties while retaining restrictions on identifying winners publicly.