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Brazil Lawmaker Seeks to Double Online Betting Tax to 24% as Industry Pushes Back

Lawmakers are revisiting betting taxes after shelving an IOF increase.

Overview

  • The bill filed on Oct. 9 by Congressman Lindbergh Farias would raise the rate on regulated online betting from 12% to 24%.
  • The text earmarks the additional revenue for social security, including health and education, and cites gambling’s mental‑health risks.
  • Farias is promoting the proposal with a one‑minute video and a petition website urging the public to pressure Congress.
  • Legal and industry representatives argue the hike lacks technical basis, could harm a newly regulated market, and may drive bettors to illegal platforms.
  • Following Congress’s removal of a separate IOF hike, the finance minister said the government will discuss replacement measures this week, and a PT senator signaled betting taxation is still on the table.