As Brazil proceeds to develop its gambling and sports betting regimes, the federal government is reported to seek assurances that foreign businesses will be liable to pay all domestic taxes. Local media reports that the federal government has thrown its weight behind a measure that would force foreign companies to establish a domiciled office in the country to guarantee a …
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Brazil’s Senate proposes tax bill despite no settlement on gambling laws
Brazil’s Senate Commission of Economic Affairs has approved a tax proposal on online games, despite a lack of clarity as to how the government will implement its federal gambling laws. President of the Chamber of Senators Rodrigo Pacheco hinted that “whilst the debate won’t happen anytime soon”, interested parties should have information with regards to what type of taxes will …
Read More »Brazil: Chamber of Deputies approves gambling regulation in a historic vote
To the surprise of observers, Thursday, February 24, 2022, will go down in history as the day Brazil finally approved a gambling regulation. In the final hours of a discussion that began on Wednesday afternoon, the Chamber of Deputies took Bill 442/91 to a vote with 246 votes in favour, 202 against and 2 abstentions. The result will allow South …
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