We want to inform you about an important update regarding the new regulation established by Decree 313 on June 27, 2024, which affects profits earned from sports betting.
What does this new regulation entail?
Starting from the mentioned date, a 15% deduction will be applied to your profits from sports betting. This deduction is a mandatory requirement set by the new legislation and will be automatically applied to all profits earned from this type of activity.
Why is this deduction applied?
Decree 313 of June 27, 2024, introduced this measure with the aim of regulating and harmonizing the fiscal framework applicable to sports betting. The 15% deduction is a tax that helps ensure transparency and compliance with fiscal obligations within the sector.
How does this change affect you?
From now on, when you earn profits from your sports bets, you will see this deduction reflected in the total amount of your winnings. This adjustment will be made automatically, without you needing to take any further action.