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Spain Moves Tax Goalposts For E-Gaming Firms 5/27/2012 The Spanish tax authority has required that online operators with customers in Spain pay back-taxes under two historic laws that previously were not applied to offshore online gaming.
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Channel Islands Will Not Appeal UK VAT Ruling 4/6/2012 The Jersey government has decided not appeal the decision of the High Court in
London, which ruled that the United Kingdom government's decision to revoke Low-Value
Consignment Relief (LVCR), a value-added tax concession, for the Channel Islands
was consistent with European Union law.
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Jersey Targets Digital Industries With New Agency 4/4/2012 A new agency, Digital Jersey, is to be established as a part of a public-private partnership aimed at promoting Jersey's digital industries - including e-gaming, e-commerce and Information
and Communications Technology, on the back of Jersey's newly updated Intellectual
Property legislation.
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UK Confirms Gambling Tax Changes 3/27/2012 Offshore gambling firms have been dealt a blow in the United Kingdom's latest
Budget which amends the tax rules applicable to the supply of gambling services
to the UK market. Wagers will now be taxed on a point-of-consumption
basis, bringing offshore operators under the UK tax net.
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Ireland To Extend Betting Tax To Online Bookies 3/15/2012 Ireland's online bookmakers will soon be liable to a transactions tax, bringing the country's internet gambling regime in line with that imposed on high-street shops.
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Jersey To Invest In Super-Fast Broadband 12/15/2011 Jersey's Treasury Minister, Phillip Ozouf, has proposed plans to provide funding
worth GBP19m (USD30m) to Jersey Telecom to upgrade the island's Internet infrastructure with fibre optic technology to facilitate 1 gigabyte
broadband speeds for island businesses.
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Alderney Reports Boost In E-Gambling Licences 12/5/2011 The Alderney Gambling Control Commission has reported better than expected growth in the
island's Internet-related economy, in terms of the e-gambling applications received and licenses
granted over the course of 2011.
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Channel Islands Challenge LVCR Decision 11/10/2011 The governments of the Channel Islands, Guernsey and Jersey, have released
statements in response to the UK Treasury's announcement that from April 1, 2012,
Low-Value Consignment Relief will no longer be offered to goods exported to
the UK market from the Channel Islands.
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UK Deals Tax Blow To Channel Islands 5/1/2012 The UK government has announced that from April 1, 2012, Low Value Consignment Relief will no longer apply to goods sent to the UK from the Channel Islands.
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Jersey Clarifies Position On UK LVCR Review 10/19/2011 Jersey Treasury Minister Phillip Ozouf has dismissed speculation that the Jersey government is ready to accept the loss of the UK's Low Value Consignment relief scheme, a tax break which has benefited the local economy, in return for the UK's approval of its 'zero-ten' corporate tax regime.
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Ireland To Tax Remote Gambling 9/28/2011 Ireland is to modernize its gambling laws, with changes designed to tackle the shortcomings of current legislation, which include the absence of a taxation regime for remote gambling.
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IoM Confirms Online Gambling Safeguards 5/12/2011 The Isle of Man's Economic Development Minister Allan Bell has welcomed confirmation
of the special safeguards in place to protect the money of customers of online
gambling operators licensed in the Isle of Man.
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EU Consults On E-signatures For E-commerce 2/22/2011 In order to tackle low levels of consumer and business confidence in online transactions,
the European Commission has begun a consultation with interested parties
on how electronic signatures, electronic identification and authentication
can help the development of the European Digital Single Market.
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ECJ Explains Jurisdiction On The Internet 12/10/2010 In a preliminary ruling, the Court of Justice of the European Union has
explained the rules of jurisdiction in European Union law that are applicable
to consumer contracts in relation to services offered on the internet.
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Russian Media Group In Jersey Scheme Of Arrangement 11/11/2010 Carey Olsen lawyers have advised Rambler Media Limited on the cash acquisition
of the shares of minority shareholders in that company by ProfMedia Limited
through a Jersey scheme of arrangement.
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Betfair Threatens To Quit UK Over Tax 11/4/2010 Betfair, the world's largest betting exchange, is complaining on a number of fronts about the difficulty of remaining competitive with offshore rivals under the UK tax and regulatory regime.
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EC Rejects Romanian Draft E-Gaming Legislation 10/7/2010 The European Commission has issued a detailed opinion which is against the Romanian draft legislation regulating online gaming and betting.
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EP Proposes European 'Trust Mark' For E-Traders 9/27/2010 The European Parliament has backed proposals to encourage cross-border e-trading,
including the introduction of a European ‘trust mark’ for websites
that guarantee the reliability and quality of goods sold online.
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Landmark Nasdaq Listing For Mauritius Firm 9/3/2010 Leading Indian online travel company, MakeMyTrip Limited has undertaken a USD70m
Initial Public Offering on the Nasdaq Global Market, making it the first Mauritius-incorporated
company to list on a major New York stock exchange.
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Australia Investigates On-Line Traders 7/29/2010 The Australian Taxation Office has disclosed that it has obtained data from
eBay Australia and Trading Post Australia, so as to assess the level of taxation
compliance of individuals and businesses that sell goods or services online.
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Jersey To Join Single Euro Payments Area 5/24/2010 The Jersey Financial Services Commission has published a consultation paper outlining measures for regulating and supervising providers of payment services to pave the way for the island to join the Single Euro Payments Area as a non-European Economic Area jurisdiction.
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IOM Government Praises Economy 4/12/2010 The Manx economy enjoyed a strong performance in 2009, particularly in the manufacturing, e-gaming and film production sectors, according to the Isle of Man's Minister for Trade and Industry, David Cretney.
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