Brazil’s Senate Backs A Tax-Break Cut And Higher Levies On Betting And Fintechs

Key Points A 62–6 Senate vote backs a package projected to raise R$22.45 billion ($4.2 billion) in 2026, a linchpin for passing next year’s budget. The law trims many federal tax benefits by 10% and adds guardrails: new incentives last up to five years and face a 2% of GDP ceiling. Bets, fintechs and some […]