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Haddad renews call to raise Brazil betting taxes after bill defeat

Regulation

Brazilian Finance Minister Fernando Haddad again backed higher taxes on betting at a Senate Economic Affairs Committee hearing after provisional measure MP 1.303 failed. The measure would have raised tax on gross gaming revenue from 12% to 18% and applied charges retroactively to operators active before regulation; Haddad said the government would seek alternatives before approval of the 2026 Budget Guidelines Law.

Any replacement tax proposal could change operators’ tax liabilities in Brazil.

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