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GBGA Takes on UK Gambling Bill Point of Consumption Tax

GBGA Takes on UK Gambling Bill Point of Consumption Tax

Scales of Justice: The GBGA launches a second legal challenge, this time up against the point of usage tax.

The Gibraltar Betting and Gaming Association (GBGA) has launched a 2nd challenge to the new UK Gambling Bill, AKA the Gambling (Licensing & Advertising) Act, having seen its initial challenge trashed of London High Court earlier into the month.

Whilst the company’s first challenge contested the Act itself, the new demand for a judicial review focuses solely regarding the brand new point of consumption taxation, which, as being a taxation issue instead than a certification issue, has been going through separate appropriate procedures.

The purpose of consumption tax will introduce a 15 percent duty on all gambling operators that want to activate utilizing the market that is british every one of whom must be licensed and regulated in britain.

Yet again, the GBGA will argue that the legislation is unlawful and that the point of consumption income tax breaches Article 56 of the Treaty in the Functioning associated with the European Union, which deals with the free movement of trade across borders between EU member states.

Rogue Operators

‘This tax heart of vegas real casino slots secrets is a restriction on the conditions of services,’ said the GBGA. ‘There are no comparable precedents of this UK Government seeking to tax entities abroad in respect of the supply of solutions into the united kingdom without going right on through the route that is Continue reading GBGA Takes on UK Gambling Bill Point of Consumption Tax