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UK remote gambling tax to capture additional £300m per year

19th August 2013 7:42 am GMT

The UK government has said that new proposals to amend the existing remote gambling legislation to a ‘place of consumption’ approach will bring in approximately £300m per year in additional tax revenues, with gaming operators to be taxed at a rate of 15 per cent on profits generated from UK customers.

The changes, which are due to come into force on December 1st 2014, will mean that all remote gambling companies will be taxed on their [...]

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