Tag Archives: Taxation
Mexico- State of Nuevo León revokes slot machine tax
Lawmakers in the state of Nuevo León have voted to end a tax placed on slot machines last year. The decision was made after the tax failed to increase revenues for the state. A new tax was put on each slot machine in 2021. The tax stood at around US$4 per day per slot machine….
Mexico – Tax increase on casinos confirmed in state of Querétaro
The Governor of the state of Querétaro Mauricio Kuri González confirmed that the state government’s Revenue Act for 2022 will increase taxes on casinos. Local deputy, Gerardo Ángeles, president of the Planning and Budget Commission of the Legislature, also confirmed that the proposed income law of the Executive Power included a tax on casinos, a new…
Mexico- Increased taxes proposed for casinos in Nuevo León
The government of Nuevo León sent a partial version of the Fiscal Package for 2023 to the state congress. Amongst the proposed changes is an increased tax hike on casinos from 10 to 15 per cent. The tax increases are part of a wider package of hikes including increases for transport, alcoholic beverages and new…
Colombia – Congress approves tax reform bill
Congress has approved a new tax on prizes. The increased taxes are based on taxes on occasional taxable profit —which includes inheritances, life insurance indemnities, lotteries and raffles. The changes would come into force next year. The taxes were part of a much tax reform bill that aimed to raise an additional 20tn pesos (US$4bn)…
Peru – Bill could affect excise tax rate on casinos
A bill aimed at changing how tax rates are set has resurfaced in Peru and is gaining momentum. Originally presented by Congresswoman Patricia Chirinos in 2021, the bill states that for the first time Congress would be in charge of determining the application of taxes for goods such as alcohol and tobacco as opposed to…
Spain – New taxes on gambling in Balearic Islands
The Balearic coalition government has decided to increase taxes on gambling as part of the soon to be presented draft of the 2023 Budget. The announcement came after a meeting between the president of the local government Francesca Lluc Armengol Socías of the PSOE (The Socialist Party of the Balearic Islands) and other lawmakers from the Podemos…
Mexico – Gaming association wants uniform tax rate
The Association of Permit Holders, Operators and Providers of the Entertainment and Gambling Industry in Mexico (AIEJA) has requested that a single tax rate be imposed on the casino industry. The gaming association requested the Federal Government to implement “a single and proportional tax, which is fair to the casinos.” In a statement the AIEJA…
France – Casino JOA de St-Brevin l’Océan recieves tax reduction due to COVID
Due to the pandemic, the Casino Joa de St-Brevin l’Océano in the Loire-Atlantique department in western France has been given a tax reduction on its gross gaming revenue of six per cent. The municipal council said it was looking to address the loss of revenue from the casino, linked to its closure due to the…
Germany – DSWV says new online tax ‘jeopardises’ gambling regulation
German operator association der Deutsche Sportwettenverband (DSWV) has slammed the approval of a 5.3 per cent tax on turnover, which was approved by the Bundestag last week, as part of the country’s State Treaty on Gambling, saying it is ‘jeopardising the success of the new gambling regulation in Germany.’ The bill was pieced together by…
