Tag Archives: Point of Consumption Tax
- Australian online bookies face new taxes, bonus restrictions
September 8, 2017
Australian online sports betting operators are facing new taxes and promotional restrictions as state governments continue efforts to rein in the nation’s only authorized online gambling activity. On Thursday, the state government in Western Australia (WA) unveiled its latest budget, which included a 15% point of consumption tax (POCT) for...
- New Zealand intros online betting point of consumption legislation
August 2, 2017
New Zealand has made good on its vow to require international online gambling operators to pay betting information fees and point of consumption taxes on wagers taken from Kiwi punters. On Wednesday, newly appointed Racing Minister David Bennett (pictured) introduced the Racing Amendment Bill into Parliament. The Bill (viewable here)...
- Gibraltar’s challenge of UK online gambling tax hits EU speed bump
June 13, 2017
The European Union’s top court has rejected efforts to exempt Gibraltar-licensed online gambling operators from paying the UK’s online point of consumption tax. On Tuesday, the Court of Justice for the European Union (CJEU) issued its preliminary ruling on a dispute between the UK government and the Gibraltar Betting and...
- Australia seeks national point of consumption online betting tax
March 24, 2017
Australia’s federal government wants to harmonize state-level online sports betting point-of-consumption taxes (POCT), potentially dealing a blow to the Northern Territory’s status as the country’s premier online licensing jurisdiction. On Friday, Federal Treasurer Scott Morrison (pictured) held a meeting with his state and territory counterparts to discuss the upcoming 2017...
- New Zealand online gambling point of consumption tax looms
March 23, 2017
New Zealand’s government is pushing ahead with plans to restrict the ability of internationally licensed online gambling operators to offer wagers on local racing events. On Thursday, Racing Minister Nathan Guy (pictured) announced plans to amend the Racing Act 2003 to boost the fortunes of the New Zealand Racing Board,...
- EU court takes up Gibraltar’s UK point-of-consumption tax battle
October 6, 2016
The Gibraltar Betting and Gaming Association (GBGA) is restarting its bid to overturn UK’s point-of-consumption tax (POCT) at the European Union’s top court. UK implemented its 15 percent POCT in December 2014, shortly after GBGA launched a preemptive legal battle. The association believes the POCT discriminates against Gibraltar-licensed UK-facing operators...
CrownBet launches new TV ad, but won’t mention betting
September 26, 2016
New Zealand online gambling point of consumption tax looms
March 23, 2017