Senator Braga
The determination forms part of a report filed by Senator Eduardo Braga (MDB-AM), who serves as the Rapporteur for the Senate’s federal tax reform project.
As reported by SBC Notícias Brazil, Braga’s report classifies sports betting, online games, and fantasy sports as “targeted goods and services deemed harmful to health or that generate negative externalities—such as alcoholic beverages, cigarettes, and fossil fuels.” The tax aims to include these sectors, which have been experiencing significant growth in the country.
However, taxation remains a contentious issue ahead of the launch of the Brazil Bets market in 2025, as the federal framework seeks to regulate fixed-odds betting and online gambling.
Authorised in December 2023, the tax framework under Law No. 14,790/2023 applies a general income tax rate of 12% on gross gam..
