Lula approves Brazil gambling tax increase to 15% by 2028
Brazilian President Luiz Inácio Lula da Silva approved Complementary Law No. 224, raising the tax rate on gambling licensees from 12% to 13% in 2026, 14% in 2027 and 15% from 2028. The levy applies to gross gaming revenue; licensed companies must also allocate 1% of revenue to social security in 2026, rising to 3% in 2028.
Licensed operators face rising GGR tax rates and social security allocations, affecting their obligations through 2028.