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UK’s HMRC sets out new tax rules for PoCT regime

13th December 2013 7:25 am GMT

UK tax authority Her Majesty's Revenue & Customers (HMRC) has published new rules for operators in preparation for the introduction of the point of consumption tax regime next year, with companies required to pay quarterly tax returns under the new system.

Operators will find themselves liable for three different duties, with iGaming companies to pay remote gaming duty, and retail businesses offering fixed-odds betting and pool betting, or non-fixed-odds betting and pool betting subject to [...]

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