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Tebet backs 27.5% tax rate for betting companies in Brazil

Regulation

Brazil’s Planning Minister Simone Tebet argued that betting companies should pay a tax rate of at least 27.5%, matching the income tax rate paid by public servants. A Senate bill under discussion would increase betting tax from 12% to 24%; Tebet said the revenue would help balance the government’s 2025 and 2026 budgets.

The proposal would raise the tax burden for betting companies beyond the rate in the Senate bill described in the source.

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Efraim Filho amendment suggests 20% tax rate on betting winnings

Senator Efraim Filho’s Amendment 14 to Brazil’s Provisional Measure 1357/2026 proposes raising income tax on net betting winnings from 15% to 20%, according to the report’s account of the amendment. The increase appears in its justification as a possible source of compensation for a proposed tax credit for textile retailers, rather than in the amendment’s operative provisions.

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