Expected to raise USD 32 M annually
Ireland to implement online betting tax
2014-10-17
Reading time 16 seg
(Ireland).- Ireland’s Finance Minister, Michael Noonan, is expected to introduce the Betting Amendment Bill shortly in Ireland. The bill will see the introduction of a new online betting tax is estimated to raise 32 million USD per year, the report said.
The tax will be levied on foreign-based companies who receive bets from Irish residents estimated to be in the region of €1.6bn annually, the Irish Examiner said.
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