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Brazilian Congress resists proposed increase in betting tax

Regulation

Brazilian lawmakers resisted a government proposal to raise taxes on sports betting operators, complicating efforts to replace revenue measures dropped from a provisional tax package, according to reports cited in the report. The proposal would have increased the rate on operators’ gross revenue after prize payments from 12% to 18%; the government had forecast an additional R$1.7bn in 2026.

The proposed rate increase remains uncertain, affecting operators’ potential tax burden in Brazil.

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Haddad backs proposed Brazil betting tax increase worth R$5bn in 2026

Brazil’s finance minister Fernando Haddad said on 5 November that proposed tax increases on betting operators and fintechs could raise about R$5bn in 2026. A bill before the Senate’s Economic Affairs Committee would raise the tax on betting gross gaming revenue from 12% to 24%; Haddad said the government had included the projected revenue in its 2026 budget planning. The committee president said a vote was due by 11 November.

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