IBJR warns Brazil’s proposed 24% betting GGR tax would raise burden 45.4%
The Brazilian Institute of Responsible Gaming (IBJR) said a proposed increase in Brazil’s betting GGR tax from 12% to 24% would raise operators’ overall tax burden by about 45.4%. The institute argued the change could push operators out of the regulated market and increase activity on unlicensed platforms.
The proposal could materially increase regulated operators’ tax costs and alter competition with unlicensed platforms in Brazil.