TITLE: Brazil's Federal Revenue Service Establishes Online Betting Income Declaration Requirements for 2026 Tax Return
BODY:
On March 16, 2026, Brazil's Federal Revenue Service (Receita Federal do Brasil) announced requirements for taxpayers to declare earnings from online betting in their 2026 Individual Income Tax Return (IRPF). The declaration obligation applies to two categories of taxpayers: those who earned more than R$28,467.20 from online bets and fixed-odds lotteries during 2025 (calculated cumulatively across all platforms), and those holding balances exceeding R$5 in betting accounts on December 31, 2025.
The Federal Revenue Service has introduced dedicated fields within the IRPF to facilitate reporting. Betting winnings must be reported in the taxable income section, while account balances held on betting platforms must be registered in the assets and rights section with a specific code for this asset type. Taxation applies to the annual net prize—the difference between total prizes received and amounts wagered throughout the year—at a rate of 15 percent on amounts exceeding the R$28,467.20 threshold. The agency provides a specific calculation form on its website, and taxpayers must use ComprovaBet, a document provided by betting platforms summarising annual transactions, to verify results.
The filing period runs from March 23 to May 29, 2026, with tax return software available for download from March 20, 2026. Taxpayers owing tax may request installment payment through the e-CAC portal, dividing payments into up to 60 installments with a minimum of R$200 per instalment, contingent on paying the first Federal Revenue Collection Document (DARF) to finalise the agreement.