CPI Senators told to close tax disparities & AML loopholes

The tax liabilities and fiscal responsibilities of the Brazil Bets regime continue to be scrutinised by the Parliamentary Commission Inquiry (CPI) led by Soraya Thronicke (Podemos-MS) and Senator Dr Hiran Goncalves (PP-RR).

Following a brief pause, the commission, referred to as the ‘CPI of Bets,’ has reinitiated testimonies from key legislative stakeholders to provide feedback on the economic accountabilities of the Bets regime.

Last week, a key testimony was provided by Robinson Barreirinhas, the Special Secretary of Receita Federal, the Federal Revenue Service of Brazil, on the tax framework of Bets.

In charge of Bets tax collection, Receita Federal remains cautious in making projections of taxes accumulated by the new regime, for which the agency has appointed an expert team to monitor market movements.

Yet Barreirinhas has advocated that stricter tax requirements should be placed on Bets licences as part of an individual tax policy aimed at discouraging excessive gambling.

He..

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