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from what i understand it's supposed to be declared by the player on annual income tax return. the licensed site doesn't withhold it...
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This is likely to become clearer over the next tax season when licensed operators have a full year of reporting data. The SIGAP system...
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genuinely the cleanest summary of every gambling regulation ever introduced anywhere
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win money, owe tax. lose money, no refund. welcome to the regulated market
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main difference is Brazil went regulated with the explicit goal of capturing tax revenue not protecting problem gamblers as the primary...
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tax question is actually the most important thing nobody is talking about. winnings above R$2824 are subject to 15% income tax under the...
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from what i understand it's supposed to be declared by the player on annual income tax return. the licensed site doesn't withhold it...