CNI proposes 15% tax on Brazilian sports betting stakes
Brazil’s National Confederation of Industry proposed a 15% Cide-Bets levy on online sports betting stakes in a manifesto due to be presented on 28 October 2025. The organisation estimated the measure could raise R$8.5bn in 2026 and argued that betting companies receive unequal tax treatment; the proposal is not an enacted tax.
The proposed levy could alter online betting companies’ tax treatment, but it has not been enacted.