Tag Archives: taxaton
Tax authority approves online form for the declaration and payment of taxes in Peru
The National Superintendence of Customs and Tax Administration (SUNAT) has approved Virtual Form No. 696 for Remote Sports Games and Betting and the Selective Consumption Tax (ISC). This form enables both local and foreign companies involved in online sports betting and gambling to declare and pay the taxes related to online gambling. This new requirement…
Peru implements excise tax on online gambling
The government of Peru has established new guidelines for the implementation of the Selective Consumption Tax (ISC) of 1% for online gaming and sports betting. According to Supreme Decree No. 008-2025-EF, published on January 19, 2025, the initial rate will be 0.3% until June 30 of this year, and the 1% rate will start to…
Brazil Deputy proposes selective tax on online gambling
A member of a working group in the Chamber of Deputies wants online gambling among the activities on which a new selective tax could be levied. Deputy Joaquim Passarinho, one of the members of the working group analyzing the main text of the regulation of tax reform, says that he wants to include gambling games…
Czech – Czech Finance Minister looks at increasing gambling tax
The Ministry of Finance in Czech wants to ‘increase the public budget’ in 2020 by raising taxes across every sector of its gambling industry. It has earmarked gambling, alcohol and tobacco for tax increases. As the highest taxed gambling sector at 35 per cent of revenue, slot machines would be exempt from the increase. Lotteries,…
