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News from brazil regarding gambling and casinos.
https://g1.globo.com/politica/notic...-cria-regras-para-exploracao-de-apostas.ghtml
(the link can be translated to your own language)
Verbal States and Municipalities with games
The project provides for the creation of taxation on games and on prize values above R$ 10,000. Almost half of this taxation goes to States and Municipalities.
According to the proposal, CIDE-Jogos will be created. By the current wording, a 17% tax rate created for games and the control fee for issuing a license.
The insufficiency of the Income Tax on the amount won in the games will be 20% for individuals. “That is, on the premium deducted from the amount paid to bet or play”, quoted the deputy in the plenary opinion.
This tax charge will be withheld at source by the operator. There will, however, be an exemption of R$ 10 thousand.
According to the participation of municipalities, the Municipalities Participation Fund (FPM) and the Municipalities Participation Fund (FPM) 16% each. At Embratur, 12%. Other Areas of Public Security, such as 10% or less from the National Fund (6%)
Casino
The biggest investment in the release of gambling will be for those interested in opening casinos in Brazil. According to the proposal, an interested company must, for example, have a minimum capital of R$ 100 million.
The casinos will operate with authorization for the exploitation of card games (blackjack or baccarat), electronic games and roulette. Other modalities may be added as long as they are “duly” authorized.
The operating licenses, however, will be defined by the number of inhabitants of each state and the Federal District.
Each state with up to 15 million inhabitants will be able to grant the exploitation of “games of fortune” in casinos to a company. In this case, all states in the North, Northeast, Midwest, South and the Federal District. In addition to Espírito Santo, in the Southeast region.
For states between 15 million and 25 million inhabitants, the legislation will allow up to two casinos. In this case, Minas Gerais and Rio de Janeiro. Finally, the State of São Paulo may grant up to three licenses to operate casinos for having more than 25 million inhabitants.The casino must occupy, at most, 20% of the total built area of the integrated leisure complex. They can also work on vessels built for this purpose.
arty:
https://g1.globo.com/politica/notic...-cria-regras-para-exploracao-de-apostas.ghtml
(the link can be translated to your own language)
Verbal States and Municipalities with games
The project provides for the creation of taxation on games and on prize values above R$ 10,000. Almost half of this taxation goes to States and Municipalities.
According to the proposal, CIDE-Jogos will be created. By the current wording, a 17% tax rate created for games and the control fee for issuing a license.
The insufficiency of the Income Tax on the amount won in the games will be 20% for individuals. “That is, on the premium deducted from the amount paid to bet or play”, quoted the deputy in the plenary opinion.
This tax charge will be withheld at source by the operator. There will, however, be an exemption of R$ 10 thousand.
According to the participation of municipalities, the Municipalities Participation Fund (FPM) and the Municipalities Participation Fund (FPM) 16% each. At Embratur, 12%. Other Areas of Public Security, such as 10% or less from the National Fund (6%)
Casino
The biggest investment in the release of gambling will be for those interested in opening casinos in Brazil. According to the proposal, an interested company must, for example, have a minimum capital of R$ 100 million.
The casinos will operate with authorization for the exploitation of card games (blackjack or baccarat), electronic games and roulette. Other modalities may be added as long as they are “duly” authorized.
The operating licenses, however, will be defined by the number of inhabitants of each state and the Federal District.
Each state with up to 15 million inhabitants will be able to grant the exploitation of “games of fortune” in casinos to a company. In this case, all states in the North, Northeast, Midwest, South and the Federal District. In addition to Espírito Santo, in the Southeast region.
For states between 15 million and 25 million inhabitants, the legislation will allow up to two casinos. In this case, Minas Gerais and Rio de Janeiro. Finally, the State of São Paulo may grant up to three licenses to operate casinos for having more than 25 million inhabitants.The casino must occupy, at most, 20% of the total built area of the integrated leisure complex. They can also work on vessels built for this purpose.
arty:
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