Senator seeks full Senate vote on proposed bets tax increase in Brazil
Brazilian senator Carlos Portinho said he would request a plenary vote on a bill raising taxes on betting companies and fintechs, after the Senate Economic Affairs Committee approved it. The request, expected before the end of the five-business-day appeal period, would delay the bill's transfer to the Chamber of Deputies. The report said the request had gathered the nine signatures required for approval.
A plenary vote could delay the bill's progress and leave the proposed tax treatment of betting companies unsettled.