TLDR Brazil’s Federal Revenue Service expects R$4.4 billion from new taxes on fintechs, betting operators, and interest on equity Changes to the CSLL tax on financial institutions will generate R$1.1 billion, with traditional banks facing a 20% rate Interest on equity taxation rises from 15% to 17.5%, expected to bring in R$3.1 billion Betting sector GGR tax increase estimated to yield R$260 million in new revenue Brazil’s GDP growth forecast lowered to 2.33% for 2026, while inflation expectations rose to 3.74%
Brazil’s Federal Revenue Service has outlined a package of tax reforms projected to generate R$4.4 billion in new revenue. The measures target fintech companies, betting operators, and interest on equity payments.
Robinson Barreirinhas, the country’s Secretary of the Federal Revenue, confirmed the revenue projections as part of the government’s broader fiscal strategy.
The largest chunk of new revenue is expected to come from changes to the Social Contribution on Net Profit, known as CSLL. These changes are aimed squarely at financial institutions.
Traditional banks will face a CSLL rate of 20%. Credit, financing, and investment companies will pay 17.5% until 2027, then 20% starting in 2028.
Financial Sector and Fintech Companies Face Higher Tax Rates
Other institutions, including clearinghouse and over-the-counter exchange administrators, will be taxed at 12% until 2027. That rate will increase to 15% from 2028 onward.
The CSLL changes alone are expected to yield R$1.1 billion. The fintech industry is a primary target of the new policy.
Interest on equity, known as JCP, will see its tax rate rise from 15% to 17.5%. This applies at the time of payment or credit to beneficiaries.
The JCP change is the biggest single revenue driver in the package, projected to bring in R$3.1 billion.
The betting sector will also see higher taxes. The increase in