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UK point of consumption tax not sustainable, argues RGA

17th September 2013 6:53 am GMT

The Remote Gambling Association has argued that the UK government’s point of consumption tax, which will be imposed on online gaming operators from 2014, will not be sustainable after it commissioned auditors KPMG to test the economic impact of the proposed tax.

The report claims that the proposed point of consumption tax will be likely to fail to achieve its aims unless the rate of gross profit tax is lowered, and operators are offered tax deductions [...]

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