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IoM Government Consults On Review Of Gambling Duties

by Jason Gorringe, Tax-News.com, London

18 April 2008

The Isle of Man Treasury on Thursday published a consultation document on a Gambling Duties Bill.

The purpose of the Bill would be to update and simplify the law concerned with the administration of gambling duties, providing assurance as to the compliance of licensed operators, combating unlicensed and unlawful gambling, and associated matters.

The Bill would repeal and replace the Betting Act 1970 and the Pool Betting (Isle of Man) Acts 1961-70.

Copies of the consultation document can be obtained from the Customs and Excise Division.

Responses should be submitted by 20th June, 2008.

A comprehensive report in our Intelligence Report series examining offshore e-commerce and online gaming 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_report6.asp

 

 






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