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Cross-border purchases by New Zealand residents of certain electronically supplied services became subject to goods and services tax (GST) on October 1, 2016. Non-resident businesses may need to register for New Zealand GST and charge GST on their supplies to New Zealand resident customers if they supply online gaming,...
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The Australian Wagering Council (AWC) has warned that punters will “bear the brunt” of South Australia’s proposed new 15 percent place of consumption tax on betting companies. The South Australian Government has announced plans to introduce a levy on the net wagering revenue (NWR) of betting companies offering services...
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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...
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On July 1, Belgium’s House of Representatives passed legislation to remove the broad-based value-added tax exemption on the gambling sector. Under the change, all gambling and games of chance that take place online will in future be subject to VAT. However, lotteries and land-based gambling will remain VAT-exempt. According...
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Under the law, signed by President Zeman on June 10, a 23 percent tax will be imposed on the gross gaming revenue of operators of online sports betting and lotteries, with casinos paying a higher 35 percent tax. These taxes will be paid in addition to the Czech Republic’s...
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The Spanish Finance Ministry has recently clarified the rules pertaining to the taxation of online gambling profits and to the taxation of lottery and betting winnings. The Finance Ministry made clear that online gambling losses do not give rise to tax credits that can be deducted from income tax....
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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. The plans, announced Alan Shatter, Minister for Justice, Equality and Defence, have been agreed by the government, but detailed arrangements for...