Senate Panel Postpones Vote on Higher Taxes for Bets, Fintechs and Banks

Overview

• The Economic Affairs Committee canceled its November 18 session and pushed the bill to next week after Renan Calheiros was told by Senate president Davi Alcolumbre that Chamber chief Hugo Motta would not put it to a vote.
• The proposal doubles the levy on sports-betting operators from 12% to 24% and raises the CSLL to 20% for banks and to 15% for fintechs.
• Relator Eduardo Braga planned to file a revised opinion with rate adjustments and has conditioned progress on concrete government action against illegal betting.
• Supporters present the revenue as funding for a new income-tax exemption up to R$5,000 and a pillar to help close the 2026 budget, with a terminative CAE vote sending the text directly to the Chamber unless appealed.
• The agenda also features the 'Super MEI' plan to lift the annual cap to R$140,000 with an 8% intermediate contribution band and a tax-regularization program for low-income individuals.