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Stories that are tagged 'gambling'




India's Jaitley Says GST Implementation Likely In July

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, March 8, 2017

India's Finance Minister, Arun Jaitley, says that India is likely to have its Goods and Services Tax regime in place by July, after approval from the GST Council of federal-level legislation. Read Full Story

 

Irish Citizen Denied US Tax Refund On Gambling Winnings

by Mike Godfrey, Tax-News.com, Washington

Monday, March 6, 2017

The United States Court of Federal Claims has turned down a claim from an Irish citizen that more than USD5m in US tax withheld on gambling winnings be refunded under the US-Ireland double tax avoidance agreement. Read Full Story

 

Italy Looking For Avenues To Increase Tax Revenues

by Ulrika Lomas, Tax-News.com, Brussels

Wednesday, February 22, 2017

It still remains uncertain as to how Italy's additional 2017 fiscal adjustment required by the European Commission will be funded, but a major part could involve cuts to individual income tax deductions. Read Full Story

 

ECJ AG Advises On UK-Gibraltar Gambling Tax Dispute

by Ulrika Lomas, Tax-News.com, Brussels

Monday, January 23, 2017

An EU Advocate General has opined that the UK and Gibraltar should be considered "one entity" in a case regarding the applicability of UK gambling duties. Read Full Story

 

UK Government To Reform Horseracing Levy

by Jason Gorringe, Tax-News.com, London

Tuesday, January 24, 2017

Bookmakers will be required to pay a 10 percent Horserace Betting Levy on profits from UK wagers on races taking place in the UK, Sports Minister Tracey Crouch has said. Read Full Story

 

Macau Hints At Gaming Tax Reform

by Mary Swire, Tax-News.com, Hong Kong

Wednesday, January 18, 2017

Following representations from the gaming industry, Macau's Director of the Gaming Inspection and Coordination Bureau, Paulo Martins Chan, has disclosed the Government is open to reviewing tax on gaming. Read Full Story

 

India Delays Goods And Services Tax

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, January 16, 2017

The Indian Government needs more time to reach a consensus on remaining goods and services tax issues and put in place the necessary frameworks for the regime to succeed, Arun Jaitley, the Finance Minister, has said, pushing forward implementation to July.

Read Full Story

 

Seychelles Issues Final Ruling On Expenses Deduction

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, November 24, 2016

The Seychelles Revenue Commission has issued its final Public Ruling 2016-2 to provide clarity regarding the methodology used to calculate the additional special business tax deduction allowed for marketing and promotion expenditure. Read Full Story

 

IRS Fails To Enforce Backup Withholding Tax

by Leroy Baker, Tax-News.com, Washington

Friday, October 28, 2016

The Treasury Inspector General for Tax Administration has released a further report on the Internal Revenue Service's progress with enforcing US backup withholding tax provisions, and found that a substantial amount of tax is not being withheld as required. Read Full Story

 

RGA Urges Changes To Poland's Betting Tax

by Ulrika Lomas, Tax-News.com, Brussels

Thursday, September 29, 2016

Poland will fail to develop its online gambling market if it persists with its turnover-based online sports betting tax, the Remote Gambling Association has warned. Read Full Story

 

 

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