Recife council approves 2% ISS rate for betting and lottery services
Recife City Council approved a municipal tax bill on 31 March that sets a 2% ISS rate on distributing and selling lottery tickets and products, including bingo, betting coupons and draws. The executive’s proposal passed in two votes; councillors rejected amendments that would have required investment in gambling-harm programmes and local hiring.
The lower municipal tax rate changes the cost conditions for betting and lottery businesses in Recife.