Brasil: Hearing on Gambling Tax Reform Cancelled in Brazil
MP 1303/2025 aimed at raising taxes on betting companies
Minister Fernando Haddad won’t attend initial hearing
Brazil – August 7, 2025 www.zonadeazar.com The public hearing scheduled for August 6 was cancelled. It was the first of four hearings set by the joint congressional committee reviewing Provisional Measure (MP) 1303/2025, which proposes new tax rules for financial applications and virtual assets, including betting companies.
The meeting was to feature Finance Minister Fernando Haddad. The committee is chaired by Senator Renan Calheiros, with Deputy Carlos Zarattini as rapporteur.
Broader tax and regulatory changes under review
The commission will continue discussions on:
- Taxation of crypto assets and investment funds
- Increase of the Social Contribution on Net Profit (CSLL)
- Changes to the fisherman’s insurance (seguro-defeso)
- Higher taxes on fintechs and stock markets
- Blocking undue tax compensations
- Conversion of gratified roles into commissioned positions in the Finance Ministry
What MP 1303/2025 proposes
- New taxes on stocks, investment funds, derivatives, and crypto assets
- Adjusted income tax brackets for individuals, companies, and foreign investors
- Boost in tax revenue from digital assets and betting
- Clearer, standardized rules to ease compliance
- Possible impact on net returns and push for financial formalization
🔗 Edited by: @_fonta
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