Tag Archives: GTI Bets

GTI scrutiny could expose Brazil Bets to ‘Retroactive Taxes’

SBC News GTI scrutiny could expose Brazil Bets to 'Retroactive Taxes'

A further tax conundrum is emerging for licensed operators in the newly launched Brazil Bets market, who are warned to review the ordinances establishing the ‘GTI Bets’. On 8 January, the Secretariat for Prizes and Betting (SPA) and the Federal Revenue Service (FRS) announced a cooperative agreement to form an ‘Inter-Secretarial Working Group’ tasked with monitoring the fiscal compliance of …

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