Brazil's Federal Tax Authorities rule on treatment for online games and bets

29 January 2025|Tax Alerts, National/Federal Taxation, Global|Brazil

Tax authorities have issued a ruling on the income tax treatment of gains earned from online games and betting.
The ruling provides some welcome clarity on the government's view of the proper tax treatment of fixed-odds betting prizes for Brazilian residents, especially for operators.

On 20 January 2025, the Federal Brazilian Tax Authorities (RFB) published Solução de Consulta (SC) - Cosit 2/2025 (dated 16 January 2025) (the Ruling), addressing the income tax treatment of gains from online g…

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