Minister of Finance said that companies will be “disciplined”, but did not detail how this will be done; also criticized bets again
The Minister of Finance, stated this Friday (November 29, 2024) that the government will send to Congress, later this year, a proposal to tax big techs. He said that companies will be “disciplined”but did not detail how this will be done nor did it inform the date on which the project will be presented to the Legislature.
In an interview with RecordHaddad also once again criticized the former president’s management (PL) for not regulating the activities of bets, the so-called betting houses.
“For years, during past governments, we did not charge bet tax. Which is something I don’t even like. I don’t like this thing. The government kept the bets for 4 years without paying 1 cent in tax. Now, do you charge tax to a person who wins R$3,000 and not to a bettor who does nothing and wins online? How many employees does a bet have?”declared Haddad.
According to the minister, bettors do not gain from betting, but the company does. “It’s not about making money, it’s about losing. You are buying entertainment. Playing there thinking you’re going to win is fantasy. The game is the bank that wins, otherwise it wouldn’t work.”he declared.
Haddad said there could be no tax benefits for “electronic casinos” and cited the measures taken by the government to .
GOVERNO & BETS
The government has promoted a process to regulate online betting in 2024. One of the concerns is regarding the addiction of bettors and possible financial consequences for families’ pockets. THE Poder360 the information that Bolsa Família beneficiaries spent R$10.5 billion on bets from January to August, R$3 billion in the last month alone.
The Central Bank expressed concern about the growth of transfers via Pix to bookmakers. The monetary authority monitors the data to diagnose possible effects on default among Brazilian consumers, especially the poorest.
The problem is not exclusively Brazilian. A North American study that betting worsened consumer finances in the United States.
O Poder360 also that the Ministries of Finance and Health are considering creating an informative booklet on gambling addiction and dependence. The idea is for the 2 bodies to exchange informationions to develop joint policies. According to the Secretary of Prizes and Bets, Regis Dudena, an interministerial working group on the topic will be created.
