Post by barikulislam052 on Jun 9, 2024 21:08:33 GMT -6
Furthermore, although the regulation leads to the creation of jobs and new revenue for the market, it is important that companies interested in operating in Brazil are aware of the new rules and prepare for an increase in costs.
Corporate and tax planning are essential, as structuring an inefficient model can lead to a considerable increase in tax costs, leading some companies to question the feasibility of operating in the regulated market.
It is worth remembering that, in addition to the 12% on GGR, other taxes and contributions owed by ISS also affect the revenue resulting from the operators' activities.
Additionally, along with consumer protection, there is likely to be an inc KHB Directory rease in legal demands and, therefore, it is important to adopt prevention strategies or, at the very least, to increase the chances of success in this type of action. In addition to their basic rights, consumers have the right to: adequate information about the functioning of the platforms; rules for using electronic channels; adequate and clear information and guidance on the conditions and requirements for predicting game results and verifying prizes; adequate and clear information and guidance on the risks of losing betting amounts and issues associated with pathological gambling; and protection of personal data.
Brazil is preparing for an unprecedented phase in sports betting, bringing with it regulation, taxation and preventive measures for a sector that plays a vital role in the country's sporting and economic scenario.
Based on this understanding, the 10th Panel of the Federal Regional Court of the 1st Region (TRF-1) denied the request of the Regional Council of Engineering, Architecture and Agronomy to apply the 13.57% index as an adjustment to a collective health plan, under the terms provided for by ANS.
The council alleged in the action that the adjustment to the plan was abusive and exorbitant, in addition to having been established without prior notice.
Brazil Agency
10th Panel of the TRF-1 maintained the adjustment provided for in the contract signed by the parties
When analyzing the case, however, the rapporteur of the matter, federal judge Rafael Paulo Soares Pinto, noted that the plaintiff did not point out an error in the methodology used to measure the update index applied to the contract under discussion. The council's argument was based exclusively on the supposed onerousness of the index, having extrapolated the percentage of 13.57% predicted by the ANS in individual plans.
Corporate and tax planning are essential, as structuring an inefficient model can lead to a considerable increase in tax costs, leading some companies to question the feasibility of operating in the regulated market.
It is worth remembering that, in addition to the 12% on GGR, other taxes and contributions owed by ISS also affect the revenue resulting from the operators' activities.
Additionally, along with consumer protection, there is likely to be an inc KHB Directory rease in legal demands and, therefore, it is important to adopt prevention strategies or, at the very least, to increase the chances of success in this type of action. In addition to their basic rights, consumers have the right to: adequate information about the functioning of the platforms; rules for using electronic channels; adequate and clear information and guidance on the conditions and requirements for predicting game results and verifying prizes; adequate and clear information and guidance on the risks of losing betting amounts and issues associated with pathological gambling; and protection of personal data.
Brazil is preparing for an unprecedented phase in sports betting, bringing with it regulation, taxation and preventive measures for a sector that plays a vital role in the country's sporting and economic scenario.
Based on this understanding, the 10th Panel of the Federal Regional Court of the 1st Region (TRF-1) denied the request of the Regional Council of Engineering, Architecture and Agronomy to apply the 13.57% index as an adjustment to a collective health plan, under the terms provided for by ANS.
The council alleged in the action that the adjustment to the plan was abusive and exorbitant, in addition to having been established without prior notice.
Brazil Agency
10th Panel of the TRF-1 maintained the adjustment provided for in the contract signed by the parties
When analyzing the case, however, the rapporteur of the matter, federal judge Rafael Paulo Soares Pinto, noted that the plaintiff did not point out an error in the methodology used to measure the update index applied to the contract under discussion. The council's argument was based exclusively on the supposed onerousness of the index, having extrapolated the percentage of 13.57% predicted by the ANS in individual plans.