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Event Brief

Brazil’s Senate Approves Tax-Break Cuts and Higher Levies

Brazil's Senate votes 62-6 to cut tax benefits and raise levies on betting and fintechs, aiming to raise R$22.45 billion by 2026.
WHO: Brazilian Senate
WHAT: Approval of tax-break cuts and higher levies
WHEN: Dec 17, 2025 at 7:00 PM ET
WHERE: Brazil
WHY: To raise funds for the 2026 budget
Sources (1): Rio Times

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