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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.”
Oink Country Love Slot Launches -
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
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3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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