Luiz Inácio Lula da Silva – Highly Aligned Leaders in Legal Operations

Brazil Regulates Sports Betting, Taxes Companies Amid Scandal

https://i0.wp.com/hallocompliance.net/wp-content/uploads/2023/07/140212-brazil-regulates-sports-betting-taxes-companies-amid-scandal.jpg?fit=1024%2C683&ssl=1 1024 683 The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/6643e16afd87312befa164d5a24507e3?s=96&d=mm&r=g July 31, 2023 July 31, 2023

By: The HALLO ECHO

July 31, 2023

The Brazilian government has issued a provisional decree on Tuesday to authorize sports betting and tax companies’ revenues by 18%. The move comes amid a sprawling investigation that ensnared dozens of players in a match-fixing scandal. President Luiz Inacio Lula da Silva’s decree was sent to congress, which needs to vote on it on…

Brazilian Football Confederation Requests Ministry of Finance to Modify Sports Betting Regulations

The HALLO ECHO The HALLO ECHO https://secure.gravatar.com/avatar/6643e16afd87312befa164d5a24507e3?s=96&d=mm&r=g April 20, 2023 April 20, 2023

By: The HALLO ECHO

April 20, 2023

The Brazilian Football Confederation (Confederação Brasileira de Futebol; CBF) has filed a request with the Ministry of Finance to modify sports betting regulations so that football clubs would receive a higher percentage of revenue from sports betting. In its proposal, the CBF also proposed that the government consider the financial transfer of money from…