Tag Archives: Gaming Tax
Argentina – Buenos Aires tax deal suspended
An agreement which would have seen the casinos located in capital Buenos Aires being let off billions of pesos in back taxes has been suspended by a local judge. Judge Elena Liberatori has filed an injunction against the new law suspending clause 3.2 of the agreement which would have let local operator Casino Club off…
Bulgaria- Bulgaria approves reduction in gambling tax
The Bulgarian Government has approved changes to the Gambling Act that will see a 15 per cent tax on turnover become a 20 per cent tax on profits. Bulgarian politicians voted to approve amendments to the Gaming Act that will change the way gaming taxes are calculated with 110 votes in favour, 79 against and…
Argentina – Tax for casinos in Rio Negro agreed
As previously reported in July the government of the province of Rio Negro announced a 75 per cent tax rise on casinos. However, the tax was much less than had previously been announced by Governor Alberto Weretilneck in 2012. In 2012 Governor Weretilneck decreed that a yearly licence fee of 150m pesos (US$27.7m) would be…
Argentina – Argentine floors under increased tax scrutiny
The Argentine tax office Administración de Ingresos Públicos (AFIP) has announced steps to more closely regulate the gaming industry. According to resolution 3510, the tax office will have more scope when it comes to fiscal control over gaming. The resolution allows the tax office to create a registry of gaming operations and gives it wider powers…
