Brazilian tax analysis puts betting operators’ effective burden at 57.25% to 60.25%
A legal analysis says Brazilian betting operators face an effective tax burden of 57.25% to 60.25%, compared with 36% to 41% in the UK. It says proposed Senate bills raising the GGR rate to 18% or 24% could increase Brazil’s burden to about 64.25% to 70.25%.
The figures frame how proposed GGR increases could affect the cost of operating in Brazil’s regulated betting market.