Archivos de etiqueta: deuda
EE.UU. – El impuesto sobre las apuestas deportivas online en Nueva York podría quedarse corto
Gaming experts from PlayNY.com, a leading source for news and analysis of the fledgling New York gaming market, predict that New York will find it difficult to reach $500m in annual tax revenue by fiscal year 2024 that proponents of legalizing online sports betting originally projected. Former Gov. Andrew Cuomo’s administration budgeted for proceeds from…
Germany – Tax levels for German sports betting compatible with constitutional and European law
In two rulings of May 17, 2021 – IX R 20/18 and IX R 21/18, Germany’s Federal Fiscal Court (BFH) classified the sports betting taxation, which has been in effect since 2012, as compatible with the Basic Law (GG) and with European law. In the disputes, after abandoning the state monopoly, foreign companies offered sports…
Kenia – El presidente de Kenia firma un impuesto del 7.5 por ciento para las apuestas deportivas
El presidente de Kenia, Uhuru Kenyatta, promulgó un impuesto del 7.5 por ciento sobre las apuestas, aprobando una reducción del impuesto al consumo inicialmente propuesto del 20 por ciento sobre las apuestas. Los operadores de apuestas deportivas Sportpesa y Betin abandonaron el mercado cuando el nivel del impuesto aumentó del 10 por ciento en 2019 en un…
Brazil – Allocation percentages approved in Brazil for distribution of sports betting tax
The Plenary of the Chamber of Deputies of Brazil, the country’s lower chamber floor, has approved Provisional Measures for tax levels for sports betting with the bill now being sent to the Senate to be signed off. The amendment has seen taxation moving from turnover to a Gross Gaming Revenue model. They also outline the…
Germany – EGBA submits EU state aid complaint over German online poker tax
The German Bundesrat’s proposal to level an additional tax on online poker and slots will provide a substantial and unfair tax advantage to the country’s land-based gambling establishments and be in breach of EU state aid rules, according to a formal complaint submitted by the European Gaming and Betting Association to the European Commission. EGBA…
Reino Unido – Los ingresos por impuestos sobre las apuestas de carreras de caballos en Gran Bretaña caerán un 17.5 por ciento en 2021
The Horserace Betting Levy Board has said that the levy income for the year ended March 31 2021 will be around £80m, on the basis of provisional submissions to date from most Levy-paying bookmakers, including all of the largest operators. This likely outturn is at the midpoint of the Horserace Betting Levy Board’s (HBLB) most…
Germany – Online casino tax would advantage land-based operators in breach of EU state aid rules
A proposal by Germany’s Bundesrat to tax online poker and slots stakes at punitive rates would lead to more German players using unlicensed websites and offer a substantial and unfair tax advantage to land-based operators, as high as €290m each year in Bavaria alone. The European Gaming and Betting Association (EGBA) has warned that the…
EE.UU. – El Congressional Gaming Caucus presenta una propuesta para eliminar los impuestos
Los presidentes del grupo bipartidista de juegos de azar del Congreso han presentado un proyecto de ley destinado a abolir el impuesto de gestión del 0.25 por ciento sobre las apuestas deportivas, alegando que ya no es necesario y que, dado que las casas de apuestas ilegales y las casas de apuestas deportivas extraterritoriales no pagan, en realidad es contraproducente. Representantes Dina Titus (NV-1) y Guy Reschenthaler (PA-14), copresidentes del Congreso…
Cambodia – Closures see Cambodia’s tax revenue halved in 2020
Tax from Cambodia’s 193 licensed casinos dropped by over 50 per cent in 2020 from US$85m in 2019 to US$40m in 2020. Cambodia’s casinos were closed from April 2 2020 with some reopening in August and others in October. In November, Cambodia approved new legislation on the Management of Integrated Resorts and Commercial Gambling (LMCG),…
