Tax
Government to Establish a Formal Process to Consider Reforms to the NSW Wagering Tax Regime
SYDNEY, NSW (June 14, 2024) — Tabcorp Holdings Limited (Tabcorp) notes the announcement today by the New South Wales Government to establish a formal process to consider reforms to the NSW wa...
New Report from BOS: the Gambling Tax Increase Creates One Thousand New Problem Gamblers
SWEDEN (May 31, 2024) — The industry association for online games (BOS) today presents a report produced by the analysis institute Copenhagen Economics (CE). CE has calculated what the tax in...
Illinois Gambling Debate Marred By Dubious Claims
Gambling Lobby Leans Heavily On Black Market Bogeyman, Bogus Benefits SPRINGFIELD, Ill., May 23, 2024 /PRNewswire/ — Prominent gambling companies have been actively lobbying against Illinois...
Illinois State Senators Passed HB 4951 Late Sunday (May 26) with Amendments That Includes an Increase to Sports Betting Tax
ILLINOIS (May 23, 2024) — The Illinois Senate has passed a budget for fiscal year 2025 that includes a significant tax increase on sports betting operators, especially targeting the largest p...
Massachusetts Senate Officially Rejects a Proposal to Significantly Increase the Tax Rate on Sports Betting Operators
BOOSTON, MA (May 27, 2024) — The Massachusetts Senate has officially rejected a proposal to significantly increase the tax rate on sports betting operators. Senator John F. Keenan (D) had int...
Dutch Online Gambling Association’s Response to the Proposed Increase in Gambling Tax
Gambling becomes more expensive. The gambling tax will go from 30.5 to 37.8 percent. The Hague, Netherlands (May 16, 2024) — The Dutch Online Gambling Association (NOGA) has noted with great...
Poole Researchers Reveal Tax Implications of Sports Betting in North Carolina
Poole College’s Nathan Goldman and Christina Lewellen examine the implications of North Carolinians being unable to itemize their gambling losses and what that means for them as they bet on s...
Dutch Government Makes Changes to Online VAT/OSS Filing Portal for Non-Dutch Entities
Old portal is closing: switch to My Tax Authorities for Business Netherlands (April 12, 20024) — Non-Dutch entities may need to register for VAT or OSS purposes in the Netherlands without hav...
Bill To Increase Gambling Tax Rates In New Jersey Introduced
A bill to increase gambling tax Rates in New Jersey has opened in Senate, as the state looks to implement a 30% tax rate for online betting. MALTA (April 11, 2024) — Specified as bill s3064, ...
Income Tax Office & Gambling Division Sign MOU to Foster Greater Collaboration & Tax Regulatory Compliance
Gibraltar (March 7, 2024) — The Income Tax Office and the Gambling Division have signed a Memorandum of Understanding (MOU) to foster greater collaboration and tax regulatory compliance. The ...
Parliament Wants to Change the Taxation of High Gambling Winnings
BERN, Switzerland (March 6, 2024) — In the future, gambling winnings of one million francs or more should in all cases be taxed where the winner lived at the time of the win. Parliament has ...
A New Tax Reform Is Not Necessary, The Additional Resources for Health are in the Companies That Manage Games Of Luck And Chance.
Government supports the new initiative. Bogotá, Colombia (February 9, 2024) — At the same time that the government, the EPS, the IPS and the users of the health service confront each other w...
Govt. to Collect Rs 14,000 Crore in GST from Online Gambling Companies Next Financial Year
The government had defended the move, citing concerns about addiction. The Revenue Secretary said the industry has stabilised, but it is early to make conclusive remarks.| NEW DELHI, India (Februar...
Commencing in April 2024 Peru Will Introduce a 12% Tax on Online Betting
LIMA, Peru (February 2, 2024) — According to local media reports the publication of the new regulations of Law No. 31557 , in turn modified by Law No. 31806 , will be implemented soon. One...
India Aims to Collect $1.7 Billion from Online Gambling Tax in FY25
INDIA (February 4, 2024) — According to local media outlets the Central Government is aiming to collect as much as $1.7 billion in tax from online gambling platforms in the upcoming fiscal ye...
ATG’S Consultation Response Regarding the Proposal for Increased Gambling Tax
Sweden plans to increase the tax rate for operators from 18% to 22% of their GGR SWEDEN (January 2024) — The government’s proposed tax increase on gambling will have negative consequenc...
Kerala Governor Gives His Assent to an Ordinance Amending the State Goods and Services Tax (GST) Law with Regard to Gambling
KERALA, India (January 6, 2024) — According to local media reports Kerala Governor Arif Mohammed Khan on Friday gave his assent to an ordinance amending the state Goods and Services Tax (GST...
Assembly Passes Amendment Bill to Bring Online Gaming, Betting in the Highest GST Bracket of 28 Percent
Online gaming is not a ‘game of skills’ but a ‘game of chance’ Maharashtra, India (December 8, 2023) — An amendment bill to bring online gaming, betting, casinos, hors...
Online Gaming Industry Association Rejects the Government’s Proposal to Raise the Gambling Tax
SWEDEN (December 8, 2023) — The Branschföreningen för Onlinespel (BOS) (online gambling industry association) today submits its advisory statement to the Ministry of Finance on the memorand...
Uttar Pradesh Passes Bill Implementing 28% GST for Online Gaming, Casinos and Horse Racing
Lucknow, Uttar Pradesh (December 1, 2023) — Uttar Pradesh (UP) state assembly on Wednesday, November 29 passed the bill imposing 28% GST on full face value for online gaming (real money),...
Pagcor Wins Appeal; P38M Notices of Charge Lifted by Commission on Audit
MANILA, Philippines (November 30, 2023) — THE Philippine Amusement and Gaming Corporation (Pagcor) has won its appeal to the Commission on Audit for the lifting of notices of charge (NCs) for...
Brazil’s Economic Affairs Commission Has Approved a Reduced Tax Rate of 12% for Licensed Sports Betting Operators
Bill 3,626/23 and the Developments Related to Sports Betting in Brazil BRAZIL (November 24, 2023) — The Economic Affairs Commission (CAE) has approved a reduced tax rate of 12% for licensed o...
