Dutch Parliament Approves Gambling Tax

The Remote Gambling Bill, intended to open up the Dutch gambling market to foreign remote gambling firms, would impose a 29 percent tax on gross gaming revenue, the same...

The Remote Gambling Bill, intended to open up the Dutch gambling market to foreign remote gambling firms, would impose a 29 percent tax on gross gaming revenue, the same rate already imposed on land-based gambling operators.

Under a previous version of the bill, the online gambling tax was set at 20 percent. Controversially, the ruling coalition included an amendment to the legislation earlier this year harmonizing this proposed tax with land-based gambling operations. However, the final version of the law, approved by the Tweede Kamer on July 7, contains a measure reducing the tax to 25 percent after three years.

The long-delayed proposals, originally planned to be effective from 2015, now await a Senate vote. If approved by the upper house, it is expected that the application process for new gambling licenses will begin in the first half of next year, with the new regime to be fully up and running by mid-2017.

Source: Tax-news

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