Archive for the ‘Slots Of Vegas Casino’ Category

GBGA Takes on UK Gambling Bill Point of Consumption Tax

Thursday, March 5th, 2020

GBGA Takes on UK Gambling Bill Point of Consumption Tax

Scales of Justice: The GBGA launches an extra appropriate challenge, this time from the point of usage income tax.

The Gibraltar Betting and Gaming Association (GBGA) has launched a 2nd challenge to the new British Gambling Bill, AKA the Gambling (Licensing & Advertising) Act, having seen its initial challenge dumped of London High Court earlier in the month.

Even though the organization’s first challenge contested the Act it self, the demand that is new a judicial review focuses solely in the new point of usage tax, which, as being a taxation issue rather than a licensing problem, has been going through separate legal procedures.

The purpose of usage tax will introduce a 15 percent duty on all gambling operators that want to activate because of the British market, all of whom must be certified and regulated in britain.

Yet again, the GBGA will argue that the legislation is unlawful and that the point of consumption tax breaches Article 56 of the Treaty in the Functioning of the European Union, which deals because of the movement that is free of across borders between EU member states.

Rogue Operators

‘This tax is a restriction on the provisions of services,’ said the GBGA. ‘There are no equivalent precedents of the British federal Government seeking to tax entities abroad in respect of the provision of solutions into the united kingdom without going right on through the route that is appropriate of harmon (more…)