Online Gaming Face 28% GST

Name: Online Gaming Face 28% GST
Uploaded: 2023-01-01T00:00:00+00:00
Duration: 9 min
Description: Published On: July 12, 2023 - The Council has proposed amendments to the law, establishing a 28% tax rate for online gaming, horse racing, and casinos. The tax will be calculated based on the face value of chips purchased for casinos, the total value of bets placed with bookmakers or totalisators for horse racing, and the full value of bets placed for online gaming.

2023 • 9min • News • Business

Informative

Published On: July 12, 2023 - The Council has proposed amendments to the law, establishing a 28% tax rate for online gaming, horse racing, and casinos. The tax will be calculated based on the face value of chips purchased for casinos, the total value of bets placed with bookmakers or totalisators for horse racing, and the full value of bets placed for online gaming.