Tag Archives: PT

Lula challenged to include ‘betting exemptions’ in new tax plan

Brazil’s IBGR lambasts Lula administration’s betting tax ‘burden’

The subject of tax exemptions on gambling prizes/winnings will be debated once more by the government of Brazil. This follows the PT government’s backing of Provisional Measure (PM) 1,206/2024, which seeks to revise the monthly income tax exemptions for public wages up to BRL 2,824 (€530). The PM is reported to be favored by President Luiz Inácio Lula da Silva, …

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