THE Provisional Measure (MP) No. 1,303, Law No. 11 of June 11, 2025, establishes, in its article 75, that the following shall come into force as of October 1st The new rates for the Social Contribution on Net Profit (“CSLL”) for banks, payment institutions, and credit, financing, and investment companies (“SCFI”), as well as new allocations for the revenue collected from gaming and betting operators (“Bets”).

CSLL Tax Rates: Financial Sector

• 15% for:
  • private insurance,
  • payment institutions;
  • securities distributors;
  • currency and securities brokers;
  • mortgage lending companies; and
  • other companies that, due to the nature of their operations, are deemed to be so by the National Monetary Council;
• 20% for:
  • Banks of any kind; and
  • Credit, Financing and Investment Companies.

Purpose of the Proceeds: Betting

Regarding the betting market, the Provisional Measure stipulates that, after deducting prize payments and income tax, the revenue will be allocated as follows:

• 82% for the costs and maintenance of the fixed-odds betting operator, excluding lottery modalities;
• 6% for social security; and
• 12% for other sectors of the economy, as previously stipulated in the legislation.

Validity and Effective Date

Because it is a provisional measure, its effects are... immediate validity, with the adoption of the new rates being mandatory for taxpayers as soon as they come into effect.

However, if the MP if it is not converted into law Until next week, it will lose its effectiveness, and the previously applicable rates will be reinstated.

If you have any questions, our tax team We are available to answer any questions.