Brazilian bettors have been given until 30 April to settle income tax obligations on winnings from fixed-odds betting and fantasy sports, ahead of the wider annual filing deadline at the end of May.
Under current rules, individuals who recorded net gains above BR28,467.20 in 2025 are required to pay a flat 15% tax on the amount exceeding that threshold. The calculation considers total winnings minus losses and stakes over the year.
The tax must be paid via a Federal Revenue Collection Document. Any delay triggers penalties, including a daily fine of 0.33% and interest based on the Selic rate, the benchmark interest rate for the Brazilian economy, plus an additional 1% applied in the month of payment.
While those below the threshold are exempt from payment, they are still required to declare betting-related income as part of their annual return. Authorities have also reinforced that balances held in betting accounts must be reported, reflecting increased scrutiny over digital financial activity.
To support compliance, Brazil’s Federal Revenue has introduced a dedicated digital tool allowing users to calculate taxable gains based on official data. The system relies on information provided through the ComprovaBet report, a document issued by licensed operators summarizing each user’s annual betting activity.
The measure signals a more structured approach to monitoring betting-related income as the regulated market matures and reporting standards tighten.
At the same time, fiscal pressure on the sector is expected to increase. A recent analysis suggests that the total tax burden on operators could rise from around 32% in 2025 to as much as 42% by 2033.
Brazil’s President has recently introduced a progressive levy on operators, with social security contributions rising from 1% of revenue in 2026 to up to 3% in the following years
