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Call For Offshore Online Gaming Firms To Be Banned From Spain

by Jason Gorringe, Tax-News.com, London

05 August 2005

A Spanish-based pressure group is calling upon the country's authorities to ban two online gaming firms, one of which operates from Gibraltar, from selling their services to Spanish residents.

According to a report from Gibraltar-based newspaper, Panorama, the Catalan pressure group Asociación Centro Catalán de Adicciones Sociales (ACENCAS) has made a complaint to the authorities in order to stop the Gibraltar gaming site, Betandwin.com from gaining access to Spanish punters.

The Association has also complained about the Barbados-based website Miapuesta.com, reportedly based on the fact that neither company can offer recourse to Spanish punters in the event of a claim because they are based offshore, and also because they do not pay Spanish taxes.

It is estimated that around 100,000 Spanish punters place bets on internet gaming sites. It is unclear whether other online gaming firms are affected by the complaint, according to the report.

A comprehensive report in our Intelligence Report series looking at conducting tax efficient e-business in Gibraltar is available in the Lowtax Library at http://www.lowtaxlibrary.com/asp/subs_reports.asp and a description of the report can be seen at http://www.lowtaxlibrary.com/asp/description_report12.asp

 

 






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