Senate schedules vote on tax increase on bets and fintechs

The Senate’s Economic Affairs Committee (CAE) is expected to vote next Tuesday (4), the bill that proposes an increase in taxation of bets and fintechs. The rapporteur of the matter, Eduardo Braga (MDB-AM), presented his opinion on Friday (31), paving the way for deliberation.

If approved and there is no appeal, the text will go directly to the Chamber of Deputies. THE Bill 5,473/2025authored by senator Renan Calheiros (MDB-AL), was presented last Wednesday (29).

The proposal is part of the set of measures announced by the Fernando HaddadMinister of Finance, to reinforce public accounts after the filing of Provisional Measure (MP) 1,303.

At the beginning of the month, the Chamber of Deputies removed the MP from the agenda, an alternative to increasing the Tax on Financial Operations (IOF). The MP had been approved by the Joint Congressional Committee, chaired by Calheiros, but ended up expiring due to the end of its validity period.

Main proposed changes

• In the sports betting segment, the Union’s share of net revenue would rise from 12% to 24% for Bets.
• In the taxation of fintechs, it is planned to increase the Social Contribution on Net Profit (CSLL) rate for digital financial institutions: for digital banks, exchanges and payment institutions, it would go from 9% to 15%; for credit, financing and capitalization companies, from 15% to 20%.

bets

The new project increases the taxation of bets to 24%, a higher percentage than the provisional measure that expired at the beginning of this month. The Lula government’s MP provided for a tax rate of 18% on gross revenue from online betting and gambling, known by its acronym in English as GGR (Gross Gaming Revenue).

The new text determines that the additional 12 percentage points charged to betting operators be allocated to the Union’s social security, but provides that part or all of this collection, between 2026 and 2028, can be passed on to states, the Federal District and municipalities to compensate for revenue losses resulting from the expansion of Income Tax exemptions on their payrolls.

“In financial terms, it is expected that the measure (which affects bets) will raise R$ 3.4 billion, R$ 4.8 billion, R$ 5.1 billion, respectively, in 2026, 2027 and 2028, based on the first semester report released by the Prizes and Bets Secretariat of the Ministry of Finance”, writes the senator.

Currently, Law No. 14,790/2023 determines that 88% of gross betting revenue remains with platform operators, while 12% goes to social destinations. Calheiros’ project proposes changing this division, expanding the portion allocated to public collection.