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Ireland To Pass Gambling Tax Law

by Jason Gorringe, Tax-News.com, London

10 March 2015


A new betting law is set to be enacted by the Irish President, paving the way for a long-delayed online gambling tax.

The Betting (Amendment) Bill 2013 has been referred to the President for signature. The legislation brings into the licensing and taxation regime all remote bookmakers and betting intermediaries providing services to Irish consumers.

Paddy Power, Ireland's largest bookmaker, said that had the one percent tax on retail stakes been extended to Irish online and phone customers in 2014, it would have cost the group EUR8m (USD8.6m).

TAGS: tax | Ireland | gambling tax | law | gambling | licensing | legislation | retail | services

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