Brazil: Direct Tax Provisions in Law on Fixed-Odds Betting (Bill no. 3626/2023/ Law No. 14,790)
Progress
Scope
Timeline of events
Implemented with partial veto Law on Fixed-Odd Betting including direct tax provisions (3626/2023)
On 30 December 2023, Brazilian legislative project 3626/2023 on Fixed-Odd Betting, which includes direct tax provisions, was implemented after approval by the President, with a partial veto on certain parts of the provision pertaining to fixed-odds …
SourceAdopted Law on Fixed-Odd Betting including direct tax provisions (3626/2023)
On 21 December 2023, the Parliament of Brazil adopted Brazilian legislative project 3626/2023 on Fixed-Odd Betting, including direct tax provisions, after passage through both Chambers of Parliament. According to this legislation, net winnings accru…
SourcePassed Law on Fixed-Odd Betting including direct tax provisions (3626/2023)
On 12 December 2023, the Brazilian Senate passed legislative project 3626/2023 on Fixed-Odd Betting, including direct tax provisions. According to this legislation, net winnings accrued from fixed-odds betting, including fantasy sports, are subject …
SourceIntroduced Law on Fixed-Odd Betting including direct tax provisions (3626/2023)
On 25 July 2023, Brazilian legislative project 3626/2023 on Fixed-Odd Betting, including direct tax provisions, was introduced to the Brazilian Parliament. According to this legislation, net winnings accrued from fixed-odds betting, including fantas…
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