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Brazil drops proposed 15% “CIDE-Bets” deposit tax, setting up security funding clash
  Published date: 2025-10-27
Brazil’s Chamber of Deputies has approved the so-called “PL Antifacção” package while removing a controversial provision that would have created CIDE-Bets, a 15% tax on deposits made by consumers to regulated fixed-odds sports betting platforms. The decision effectively delivers short-term tax relief to licensed operators and bettors—but also reopens the political fight over how Brazil [...
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