The Senate’s Economic Affairs Committee (CAE) approved, this Tuesday (2), by 21 votes against one, the bill (PL) that increases the taxation of fintechswhich are payment companies that operate in the financial market, as well as betsonline sports betting companies. THE approved report It was the same one presented last week. 
PL 5473 of 2025 also allows tax regularization for low-income people by creating the Tax Regularization Program for Low-Income Individuals (Pert-Low Income). As processed in a final manner, the project continues directly for analysis by the Chamber of Deputies if no appeal is presented in the Senate.
The text increases taxation on bets from the current 12% to 18% in a staggered manner until 2028. The calculation basis for taxation of bets is the total collected from bets, minus the amount paid to the winners of the bet as a prize.
In relation to fintechsthe text foresees an increase in the Social Contribution of Net Profit (CSLL) from the current 9% to 12% in 2026, reaching 15% in 2028. Companies in the financial market, which already pay 15% of CSLL today, increase to 17.5% in 2026, until reaching 20% in 2028.
When justifying the increase, rapporteur Eduardo Braga (MDB-AM) said that it is a question of equality, since traditional banks pay up to 20% in tax.
“The 20% rate, previously applicable only to banks, will apply to credit, financing and investment companies and capitalization legal entities. The measure strengthens fiscal sustainability and provides equality between entities regulated and supervised by the Central Bank by correcting distortions in the tax burden between institutions that carry out similar operations”, explained Braga in the report.
The approval of the project aims to compensate for the loss in revenue from the approval of the exemption from Personal Income Tax (IRFP) for those earning up to R$5,000, sanctioned last week by President Luiz Inácio Lula da Silva.
Report changes
Rapporteur Eduardo Braga published a new opinion, at today’s CAE session, removing a series of changes linked to the Personal Income Tax (IRPF). The senator explained that the Ministry of Finance (MF) did not agree with the changes.
“I started to receive very strange signals from the Ministry of Finance that the changes that were being proposed altered the law that had just been sanctioned [Lei que isenta do IR quem recebe até R$ 5 mil]that there was no understanding with the Treasury and that the Treasury was, therefore, preferring not to vote on the project”, said rapporteur Eduardo Braga.
However, as the previous text would be the result of an agreement between parliamentarians, the government leader in the Senate, Jaques Wagner (PT-BA), proposed maintaining the previous text despite criticism from the Treasury.
“I’m going to put myself at risk here, because I wasn’t contacted either. I’m going to ask Senator Eduardo Braga to withdraw today’s addendum, keep the one from last week, so there’s no place left to look, that we vote on the report you presented and then I’ll pay the bill”, he stated.
With the suggestion of the government leader, last week’s opinion was voted on.
Combating money laundering
The project approved by the CAE also provides for rules to make it difficult to use the financial system of fintechs and the bets to launder money from organized crime.
Among the changes, “clearer” criteria are foreseen for the authorization of betting operations. bets“reinforcing that the Ministry of Finance may deny authorizations when there are doubts about the suitability of administrators and controllers”.
Furthermore, the text establishes minimum requirements for proving the suitability of bets, and internet companies will have up to 48 working hours to remove illegal pages.
“Non-compliance with the new standards brings significant administrative sanctions, such as fines of up to R$50,000.00 (fifty thousand reais) for irregular operation and the temporary suspension of services provided by operators”, says Senator Braga in the report.
Renegotiation of taxes for low income
PL 5,373 of 2025 also establishes the Tax Regularization Program for Low-Income Individuals (Pert-Low Income).
Individuals who, in the calendar year 2024, have earned monthly taxable income of up to R$7,350.00 or annual taxable income of up to R$88,200.00 can join the program.
“Adhesion will occur upon request made within ninety days from the publication of the law and will cover the debts indicated by the taxpayer, as a taxpayer or responsible person”, says the project.
Profit remittance
The bill under analysis also allows taxpayers residing abroad to request, within a period of five years, a refund of taxes charged that exceed the legal limits on income levied on profits and dividends.
