Brazilian industry forum backs proposed 15% tax on online bets
A manifesto coordinated by the National Confederation of Industry has gathered 50 signatures in support of a proposed CIDE-Bets tax on online wagers. The proposal would apply a 15% rate when bets are placed and could raise R$8.5 billion in 2026 if approved this year; the contribution would be replaced by the selective tax from 2027.
The proposed tax could raise operators’ costs, while its replacement by a selective tax is planned from 2027.