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Senegal Assembly adopts proposed 0.5% tax on mobile money transfers

Regulation

Senegal’s National Assembly adopted a draft law on 17 September proposing a 0.5% tax on mobile money transfers and a 1% levy on merchant payments. The measure still requires presidential approval; the government expects it to raise CFA230 billion over three years, while Optic warned transaction taxes could increase costs for consumers and digital businesses, including online betting.

If approved, the transaction tax could raise payment costs for betting customers and operators using mobile money.

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Regulation

Brazilian Chamber faces vote on bill proposing 15% betting transfers tax

Brazil’s Chamber of Deputies is due to consider the Anti-Faction Bill after the Senate approved it on 10 December, with the proposal awaiting scheduling before the congressional recess. The text includes a proposed 15% levy on transfers from individuals to online betting platforms, with revenue assigned to the National Public Security Fund; betting-sector representatives warned it could strengthen illegal gambling.

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