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EU Online Gambling Tax Harmoney Dead
PAN-EUROPEAN TAX HARMONY 'DEAD IN THE WATER?"
Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.
The European Court of Justice Attorney General Maciej Szpunar's rejection of the Gibraltar Betting and Gaming Association's arguments on the UK p.o.c. tax and his opinion that the UK and Gibraltar were one entity in these circumstances could have major implications, opines an article published by Bloomberg business news this week.
Tim Ferris, a tax and legal expert in London, told Bloomberg that the AG's opinion is a "bad omen" for the European Court of Justice ruling on the case scheduled for later this year, and signals that the Union's courts are happy for member states to set their own taxes for online gambling.
He added that a pan-EU approach for online gambling taxation is now probably “dead in the water”and said that there remain a number of countries who have yet to properly deal with the issue.
Clive Hawkswood, director of the trade body the Remote Gambling Association, said the eventual ECJ ruling would be awaited with interest, but observed that the p.o.c. tax has been in force for about two years and it is therefore unlikely that the online gambling industry would suffer any further damage as a result of the Court action. He added that additional tax burdens from U.K. remote gaming operations as well as those in Gibraltar amounts to approximately GBP 400 million pounds but has “partially been offset by market growth.”
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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