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Panama’s DGI exempts closed businesses from fiscal equipment requirements

Regulation

Source: Junta de Control de Juegos (Panama)

Panama’s Directorate General of Revenue (DGI) exempted taxpayers unable to use fiscal equipment or invoicing systems because their premises were closed under health measures, the agency said on 9 April 2020. They must document transactions using equivalent records, while businesses that remain open must continue regular invoicing; the exemption applies during the health emergency.

The measure sets different invoicing requirements for gambling businesses that close and those that continue operating.

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Brazilian Congress president extends betting ban measure by 60 days

Brazil’s Congress president, Davi Alcolumbre, extended the provisional measure prohibiting fixed-odds betting for a further 60 days, with the decision published on 11 November. The extension gives lawmakers until February to consider the measure, which would end betting authorisations, block websites and apps, and return user balances; the government estimates the ban would reduce revenue by BRL12bn.

Brazil’s provisional ban on fixed-odds betting has been extended by another 60 days by Congress president Davi Alcolumbre. The decision appeared in the federal official gazette on Wednesday 11.

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