This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Find out more here.  
  • Delicious






Stories that are tagged 'gambling tax'

Belgian Media Owe Millions In Unpaid Gambling Tax
4/24/2012
Belgium’s special inspectorate for taxation has recently demanded tens of millions of euros from the Belgian media in respect of unpaid gambling taxes, according to Francis Adyns, a spokesman from the country’s finance ministry.
UK Budget Delivers Tax Cuts
3/23/2012
George Osborne has delivered a Budget that ‘unashamedly backs business’, slashing the top rate of personal income tax and accelerating corporate tax cuts.
Taiwan Looks At A Windfall Tax
2/6/2012
Christina Liu, who will be Taiwan’s Minister of Finance in the cabinet reshuffle after the last month’s elections, has disclosed that she intends to appoint a committee to look at the government’s tax reform options, including a possible windfall tax.
Gibraltar Defends Its Interests In London
1/30/2012
Gibraltar's Chief Minister Fabian Picardo has met with the UK Minister for Tourism and Heritage, John Penrose, to question the rationale behind the UK government's plans to introduce a licensing regime for remote gaming operators, contained in the Remote Gaming Bill which may soon be tabled before the UK's parliament.
Macau's Gambling Revenues Surge
1/5/2012
According to the Gaming Inspection and Coordination Bureau, casino gambling revenues in Macau increased by 42% in 2011, to reach MOP267.87bn.
Italy Imposes Tax On Instant Lottery Winnings
1/3/2012
Following their misfortune in suffering the heavier taxation imposed by the latest ‘Save Italy’ budget introduced by the new Monti government, Italian taxpayers have now found out that, arising from a measure within last August’s Berlusconi government budgetary package, they are also liable to be taxed if they have a little good luck in the future.
Permit Given To US Online Gambling
12/30/2011
A United States Department of Justice memorandum opinion on online gambling, which was formulated in September this year, and could mean a significant increase for state tax revenues, has just been made public.
Operators Challenge Incoming Greek Gambling Regime
12/2/2011
The European Gaming and Betting Association and the Remote Gambling Association have filed a complaint with the European Commission on Greece's controversial, recently-adopted online gambling law, which would allow the provision of taxed gambling services.
Czech Republic Delays Tax Changes Until 2014
11/10/2011
Czech Finance Minister Miroslav Kalousek has announced that the government’s proposed reform of taxation in the Czech Republic will be delayed until 2014.
Tax Breaks Announced In Trinidad And Tobago Budget
10/17/2011
The government of Trinidad and Tobago has proposed to introduce a five-year temporary corporate tax rate of 10% for companies that have sought capital-market funding through an Initial Public Offering on the Trinidad and Tobago SME Market.
Remote Gambling Firms Challenge Greek Taxes
10/5/2011
The Remote Gambling Association, which represents the largest online gambling operators and software providers in the world, on October 4, 2011, lodged a State aid complaint with the European Commission to challenge the legitimacy of new gambling tax laws introduced by Greece.
UK Games Machine Duty Tribunal Rules Against HMRC
9/1/2011
The UK's revenue agency has lost out in a tribunal ruling which has decided that certain electronic lottery machines ought not to be subject to licence duty.
South Africa Consults On 2011 Budget Bills
6/6/2011
South Africa’s National Treasury has released for public comment a draft of the 2011 Taxation Laws Amendment Bills that give effect to most of the 2011 Budget tax proposals, as well as to additional urgent measures.
UK Consults On Gaming Machine Taxation
5/25/2011
The UK has launched both draft legislation and a consultation document on government proposals for an overhaul of the way it taxes gaming machines, which could see the introduction of a new single levy to replace the operation of two separate charges.
Isle Of Man Increases Excise Duty Enforcement
5/19/2011
Legislation has been tabled in the Isle of Man legislative assembly, the Tynwald, to amend the Customs and Excise Management Act 1986 in line with United Kingdom legislation, which will increase scrutiny of revenue traders operating in the Isle of Man, and also tackle evasion of gambling duties.
Costa Rican Tax Reform Needed, Says IMF
4/15/2011
Concluding its mission to Costa Rica, the International Monetary Fund has said that the medium term economic outlook is broadly positive, and that tax reform is key to the securing of a higher revenue base.
Singapore Lowers Fruit Machines Duty
2/15/2011
During a second reading of the Private Lotteries Bill 2011 in parliament, Singapore’s Second Minister for Finance and Transport, Lim Hwee Hua, announced that the government will lower the private lottery duty for fruit machines to 9.5% of actual gross turnover, instead of the 12% planned earlier.
Alderney Defends E-Gaming Regulations
1/26/2011
The Alderney Gaming Control Commission has issued a statement rejecting statements made by British newspapers that the island, despite the jurisdiction’s white-listed status, offers less protection to UK consumers than companies offering the same services from Britain.
Greek Cabinet Approves 2011 Budget
10/8/2010
During a recent council of ministers meeting, the Greek government adopted its ambitious 2011 budget bill, designed to reduce the public deficit and provide for a number of fiscal measures.
Spain To Tax Online Gambling
9/24/2010
Spain’s Council of Ministers has approved a draft of a new Gambling Act, which is designed to regulate and tax all forms of gambling including online, interactive television and mobile gambling.
Ontario Considers Online Gambling To Boost Revenues
8/11/2010
The government on Ontario has announced that it will be launching taxed online gaming, under the auspices of the state-run Ontario Lottery and Gaming Corporation, as part of efforts to bridge the province’s CAD19.7bn (USD18.9bn) deficit.
Mexican Casinos Protest Tax Snoop System
8/5/2010
Two of Mexico's major media and casino groups have challenged in court new legal requirements to install online computer systems.
US Internet Gambling Bill Passes Committee Hurdle
8/4/2010
The US House Financial Services Committee has passed legislation to enable Americans to bet online and 'put an end to an inappropriate interference with their personal freedom.' Online gambling may be made legal throughout the US, but it is unlikely to happen this year.
William Hill Moves Telebetting To Gibraltar
7/27/2010
UK bookmaker William Hill has announced that it is to transfer its telephone betting operation to Gibraltar because the UK's tax regime makes it 'impossible' for the company to compete with offshore telebetting firms on an equal footing.
Romania Confirms VAT Hike
6/30/2010
Determined to curb the country’s budget deficit in order to receive a further instalment of vital aid from the International Monetary Fund, Romania’s centre-right government has confirmed plans to increase value-added tax by 5%, from 19% to 24%.
Sportsbet Wins Australian Fee Case
6/23/2010
Racing NSW has been ordered by the Australian federal court to repay Sportsbet more than AUD2m (USD1.75m) of a 1.5% turnover fee, which the judge regarded as having been collected in a 'protectionist, discriminatory and unlawful manner.'
Cyprus E-gaming Ban Is Open To Consultation
6/18/2010
Online gambling in Cyprus has been permitted since the Betting Law of 2007, but the Cyprus government now plans to ban it, except on horse racing and sports in Cyprus.
Antigua And Barbuda Govt Unveils Tax Plans
The government of Antigua and Barbuda has outlined the fiscal measures it has agreed with the International Monetary Fund to stabilise the country's budget deficit within three years.
Danish E-gaming Liberalization Meets Opposition
6/16/2010
Danish casinos and gaming operators have lodged a complaint with the European Commission concerning the discrepancy between the rates of taxation on online gambling compared with their land-based businesses. This threatens the progress of the newly passed gaming laws.
Malta Fights For EU Free Market Rules In E-gaming
6/16/2010
Malta has disagreed with the conclusions of an EU Competitiveness Council meeting which adopted a definition of illegal gambling as: “gambling in which operators do not comply with the national law of the country where services are offered, provided those national laws are in compliance with EU treaty principles".
California Gambles To Close Deficit
6/1/2010
Senator Rod Wright, leader of the California Senate Committee on gambling, has introduced an amended version of Senate Bill 1485, which would license California-based e-gaming companies to operate online poker websites for state residents.
Ireland Wants To Tax On-line Betting
5/18/2010
Irish Prime Minister Brian Cowen, advocated the taxing of online betting and the introduction of a licencing system for overseas online betting sites in a speech at a recent dinner hosted by The Irish Field newspaper in Dublin.
UK To Enforce Horseracing Levy
4/19/2010
The Labour government has asserted that it will crack down on gambling companies with operations in offshore territories that target the UK market but do not contribute to the industry's upkeep via the UK’s Horse Racing Levy.
Bulgaria Adopts Anti-Crisis Measures
4/6/2010
It has recently emerged that Bulgaria’s government has approved a series of anti-crisis measures designed to combat the effects of the economic crisis on the state budget and the national economy, which include a number of tax initiatives.
Bermuda Prepares For Legalized Gambling
3/17/2010
The Bermuda government has released a report assessing the prospect of introducing small scale taxed gambling in Bermuda to generate additional revenues and boost tourism inflows.
Betfair To Remain In Tasmania After Tax Break Deal
2/24/2010
Following discussions that began last year after the Tasmanian government changed its taxation of on-line gamblers, Betfair has now reached an agreement with the government to maintain its presence on the island.

 

Page 1