Brazilian committee considers proposal to raise sportsbook tax to 18%
A Brazilian congressional joint committee is due to hear Treasury Minister Fernando Haddad on 12 August as it examines Provisional Measure 1,303/2025. The measure would raise tax on fixed-odds betting revenue from 12% to 18%; the committee’s approval deadline is 8 October, after which the measure would lose validity if not approved.
The proposed increase would raise the tax rate applied to fixed-odds betting operators’ gross gaming revenue.