Quote from: YOSHIE on Today at 02:06:57 PM

Quote from: peter0425 on June 10, 2025, 08:23:23 PM

Brazilian Finance Minister Fernando Haddad has confirmed gambling tax in the country will increase from 12% to 18% of GGR.

Regarding the gambling industry tax, I can see from The Ultimate Guide to Gambling Tax Rates Around the World

This means that if Brazil raises gambling tax rafts from 12% to 18% if compared to the countries in the list above, Brazil is still in the lowest word of tax compared to Germany, France and others.

In my observations, if 18% of the tax set by the government and the tax if the one in Brazil operates legally, I think many new industries will operate in Brazil, height from Singapure 6% is not a problem for the gambling industry there if the operation is legal.

With only a 6% increase and the total tax to 18% is still very small, but this must also be compared with the average salary income in Brazil so that it can be known whether this tax is still relatively safe or high.
But when compared to other countries that legalize Gambling, Brazil is still a pretty lucky country with a small tax, unlike Germany which has too high taxes.

And if the gambling operates legally and has support from the government, of course the facilities provided will make players more comfortable and safe to gamble.

Looking at some countries having the cheapest and even no taxes like Russia and Italy, it's completely free.
But the most common news about gambling centers is the State of Cambodia because many gambling centers are thriving and even becoming hotbeds of illegal gambling.