Brazil’s Chamber of Deputies Finance and Taxation Committee approved urgent status for bills that would raise taxes on online betting operators. The proposals would increase the gross gaming revenue levy from 12% to 24% or 25%, and could proceed directly to a plenary vote on a date yet to be set.
The proposals could raise operators’ gross gaming revenue tax rate from 12% to as much as 25%.
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Brazil’s government political liaison team plans to support Senator Renan Calheiros’s bill to raise taxes on betting companies, fintechs and banks, although the text remains under discussion, according to a media report. Calheiros said the Senate Economic Affairs Committee may consider it in the second half of November. The report says the proposal would include a 24% rate for betting companies, but the excerpt ends before giving further details.
Brazil’s Chamber of Deputies unanimously approved a constitutional amendment to redirect part of betting revenues to the National Public Security Fund and National Penitentiary Fund. The proposal would allocate 10% of betting revenues to the funds between 2026 and 2028, rising gradually to a ceiling of 30%, without increasing operators’ tax burden; it now goes to the Federal Senate.
Brazil’s Chamber of Deputies removed the proposed CIDE-Bets tax from the Anti-Faction Bill before approving its main body, according to the report. The proposed levy, which was expected to raise about R$30 billion annually, is to be discussed separately, Deputy Guilherme Derrite said.
Brazil's Chamber of Deputies approved a bill raising the tax on online betting companies from 12% to 15%, according to reports. The increase would be phased in at 13% in 2026, 14% in 2027 and 15% in 2028, with the additional three percentage points assigned to social security. The bill also proposes liability for parties promoting illegal betting operators and payment providers that fail to restrict them; it now goes to the Senate.
Brazil's Senate Economic Affairs Committee approved a bill on 2 December to raise the tax on fixed-odds betting companies, according to the committee report. The proposed rate would rise from 12% to 15% in 2026 and 2027, then to 18% in 2028. The bill now goes to the Chamber of Deputies unless an appeal sends it to a Senate plenary vote.