Tag Archives: sports betting tax
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…
US – New Jersey sets betting tax of 1.25 per cent as state challenges Vegas for top spot
Less than three months since the launch of sports betting, New Jersey Governor Phil Murphy has signed legislation to set a new gambling tax of 1.25 per cent on sports betting revenue, which will be paid to the Casino Reinvestment Development Authority (CRDA). This tax will apply to both land-based betting and mobile and online…
