Player taxes on Brazil Bets make a distinction on licensed & unlicensed winnings
Guidelines on Personal Income Tax (IRPF) have been updated for Brazilian citizens to register prizes and winnings from online gambling and sports betting activities.
Receita Federal, the Federal Revenue Service of Brazil, has updated articles of its “General Coordination of Taxation” to include new provisions for consumers to declare profits/winnings generated from online gambling.
An update to the IRPF guidelines was required to address ambiguities in current legislation and align broader efforts to regulate and standardise taxes on gambling-related income in Brazil, following the launch of the Bets market on 1 January 2025.
Mandated by Law No. 14,790/2023, the legislative framework of the Bets regime requires a 15% tax to be imposed on player prizes/winnings exceeding the threshold of BRL 2,824 (approximately €530). The tax on player prizes was enforced by President Lula da Silva in the final revision of the bill prior to its federal sign-off.
New IRPF guidelines state that tax c..