What are the new rules established by the Brazilian Ministry of Finance for calculating the GGR?
Thursday 06 de February 2025 / 12:00
2 minutos de lectura
(Brasilia).- Last Friday 31 January, the Ministry of Finance's (MF) Department of Prizes and Betting published rules for calculating the Gross Gaming Revenue (GGR), which is the revenue from betting minus the prizes paid to the winners and the Income Tax deducted from the prizes.
The GGR is the basis for calculating all the social allocations set by Law 14.790/23 and also for collecting taxes on this economic activity (PIS, Cofins and ISS).
The GGR rules for non-withdrawable financial rewards on fixed-odds bets can be found in SPA MF Technical Note 299, available on the Ministry of Finance website.
These rewards, permitted by the fixed-odds betting regulations, are used by betting operating companies to build customer loyalty.
Although they are sometimes referred to generically as bonuses, they are different from entry bonuses, which are prohibited by Law 14.790 as a way of attracting new customers.
Withdrawable financial rewards are not included in the GGR calculation base, unless the benefits are used by punters to place bets. As the regulated fixed-odds betting market began on 1 January and the tax base, as well as its collection for the National Treasury, is monthly, the Technical Note aimed to clarify how to include this type of reward.
Categoría:Legislation
Tags: Sin tags
País: Brazil
Región: South America
Event
iGaming Club Conference Cancun
24 de November 2025
Levon Nikoghosyan Confirms iGaming Cancun’s Success and Future LATAM Expansion
(Cancun, SoloAzar Exclusive).- The vibrant energy of iGaming Cancun has set the tone for a new chapter in the Latin American iGaming industry. Levon Nikoghosyan, CEO and Co-Founder of AffPapa and iGaming Club, shared his enthusiasm for the event’s debut in Mexico, highlighting its impact on the regional market and the company’s ambitious plans for the future.
Thursday 04 Dec 2025 / 12:00
iGaming Club Cancún 2025 Concludes Successfully with Strong Connections in Its First LatAm Edition
(Cancun, SoloAzar Exclusive).- iGaming Club Cancún 2025 came to a close last night with a comprehensive experience of conferences, networking, and the AffPapa iGaming Awards LATAM gala, consolidating itself as a unique space for operators, affiliates, and providers in the region.
Thursday 27 Nov 2025 / 12:00
iGaming Club Cancún 2025: Affiliates, Operators, and Innovation Take Center Stage on Final Day
(Cancun, SoloAzar Exclusive).- The second and final day of iGaming Club Cancún 2025 unfolds today, bringing together operators, affiliates, and select B2B providers in a unique networking and conference environment that highlights the evolving dynamics of the Latin American iGaming market.
Wednesday 26 Nov 2025 / 12:00
SUSCRIBIRSE
Para suscribirse a nuestro newsletter, complete sus datos
Reciba todo el contenido más reciente en su correo electrónico varias veces al mes.