Greece says to further suspend gaming tax
But the new socialist government, which won an Oct. 4 snap election, said it will put off the measure once again. 'The finance minister will as soon as possible submit to Parliament an amendment to suspend the problematic clauses on the taxation of gaming winnings,' the Finance Ministry said in a statement.
The ministry said it would soon begin consultations to seek a rational and fair solution on gaming taxation, but did not say whether it would reintroduce a tax-free threshold for lottery winnings, which OPAP agents are asking for.
The taxation measure, which had been agreed in a bid to help contain Greece's ballooning budget deficit, led to sharp losses in the company's shares. Sales agents were concerned it would discourage punters from reinvesting their profit, hurting sales.
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