The measure applies to iGaming and Fantasy Sports platforms, and bettors will be required to calculate net winnings across three categories: sports betting, online games and fantasy sports.
Operators must make the ComprovaBet available to users by the last day of February, detailing all betting activity on their platforms. Bettors will then be responsible for calculating a 15% tax on the net result that exceeds R$ 2,259.20, which corresponds to the first taxable bracket of Brazil’s progressive IRPF table.
In addition to data required for tax calculation, the ComprovaBet will also include information on the bettor’s account balance on each iGaming or fantasy sports platform, similar to the annual income statements provided by banks to their account holders.
With this measure, the Federal Revenue Service establishes the procedures to be followed by both betting operators and bettors, amending a previous Normative Instruction and now explicitly including net prizes received.
Article 21, item IX of the document defines how bettors must calculate their results and requires operators to report users’ net betting results by the end of February through the Fixed-Odds Lottery Betting Results Statement (ComprovaBet).
The document must include, in addition to the information needed for tax assessment, the bettor’s full personal details as well as the operator’s legal name and CNPJ (corporate tax ID).
Source: GMB
