Government plans to charge 16% tax on bookmakers and 30% on winners

The federal government's intention is to establish a rate of 16% on "bets", a term used to designate sports betting houses. Additionally, winning bettors may have to pay 30% Income Tax.

According to the ministry, the text has already been forwarded to the Civil House and its main objective is to provide greater confidence and security for bettors, through the transparency of the rules and the implementation of an efficient system of oversight.

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In the midst of a controversial denunciation involving Brazilian football, the ministerial folders announced the indication of measures to strengthen the security and integrity of the championships.

The Public Ministry of Goiás, responsible for investigating the case, revealed the existence of possible manipulations in series A and B of the 2022 Brazilian Championship, as well as in the Gaucho and Paulista championships this year.

According to investigations so far, players would have been bribed by criminal groups, receiving amounts of up to R$ 100,000, with the aim of being punished with cards during matches. These illicit practices compromise the integrity and transparency of sports competitions, which has left the Brazilian government on high alert.

New tax for bookmakers

The team of the Minister of Finance, Fernando Haddad, concluded the format of the new taxation and the rules for sports betting sites and forwarded the document to the Civil House, to Minister Rui Costa, to assessment.

After this step, if Minister Rui Costa approves, the measure will be forwarded to President Luiz Inácio Lula da Silva (PT) for signature.

For Haddad, there is concern about the lack of accountability on the part of betting sites, emphasizing that many of them are not headquartered in Brazil and operate independently, taking advantage of the global nature of the Internet.

The Minister of Finance mentioned the importance of adopting practices in accordance with the guidelines of developed countries, without going into specific details.

He also highlighted the need to establish a consistent regulatory standard that promotes companies' compliance with the rules established by the respective countries in which they operate.

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