Lula da Silva Raises the GGR Tax

Brazilian President Lula da Silva on December 26 signed a law increasing the GGR tax for betting operators from 12% to 15% by 2028.

New Tax Law for Betting

Date the Law Was Signed

The law was approved on December 26 and formally signed by President Lula da Silva. The document affects the taxation of betting operators operating in Brazil.

Changes to the Tax Rate

Under the new law, the GGR tax for betting operators increases from the current 12% to 15%.

Transition to the New GGR Rate

Timeline for the Tax Increase

The increase in the tax burden will take place in stages. The final rate of 15% is expected to be reached by 2028.

Who the Law Applies To

The changes apply to all betting operators whose activities involve accepting bets and generating gross gaming revenue in Brazil.

Betting Regulation in Brazil

Focus on GGR

The new law directly targets GGR, which is used as the base for calculating betting taxes.

Government Oversight

Signing the law confirms a policy aimed at strengthening government oversight of betting operators’ revenues in the country.