March 12, 2025
Beginning its hearing, the parliamentary inquiry into the Bets regulatory regime is told that, somehow or some way, Brazil Bets tax liabilities will be accounted for… As the first quarter of the Brazil Bets market winds down, its nascent regulatory framework has guaranteed just one certainty: that tax liabilities remain unaccounted for. The week of 11 March marked the first …
Read More »January 13, 2025
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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