Brazil Approves Tax Increase for Betting Operators

In Brazil, the lower house of parliament on December 17 approved (310 in favor, 85 against) a phased increase in the tax rate for betting operators from 12% to 15%.

Decision by the Lower House of Parliament

The vote took place on December 17. The bill was supported by 310 lawmakers, while 85 voted against it.

Current Tax Rate

At present, the tax rate for betting operators in the country stands at 12%.

Phased Tax Increase

The bill provides for a gradual increase in the tax rate:

13% — starting in 2026.

14% — starting in 2027.

15% — starting in 2028.

Next Steps for the Bill

Following approval by the lower house of parliament, the bill was forwarded to the Senate for further consideration.