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Carlos Zarattini removes proposed sportsbook tax rise from Brazil measure

Regulation

Brazilian congressman Carlos Zarattini removed a proposed increase in sportsbook taxation from his report on a provisional measure, leaving out the planned rise in the rate on gross gaming revenue from 12% to 18%. The report retains measures to regularise assets and address illegal operations; the measure still requires approval by a joint committee and both legislative chambers by Wednesday 8 October to remain valid.

Operators would avoid the proposed increase from 12% to 18% if the measure passes without it.

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