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Carlos Zarattini proposes raising Brazil betting tax to 18%

Regulation

Federal deputy Carlos Zarattini presented a report on Brazil’s Provisional Measure 1.303 on 24 September, proposing an increase in the tax rate on fixed-odds betting from 12% to 18%. The additional six percentage points would fund health measures through the social security system; the special committee was due to review the measure by 30 September before votes in both houses of Congress.

The proposal would increase operators’ tax rate and change how betting revenue is allocated if approved.

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