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Italy moves to scrap turnover tax on sports & bingo for new GGR rates

15th December 2015 9:29 am GMT

The Italian government has finally moved to scrap the country’s turnover-based tax rates for sports betting and bingo in favour of a model based on gross gaming revenue (GGR), while also proposing a tax hike for amusement with prizes (AWP) machines.

A new draft law proposes a number of changes, most notably looking to ease the tax burden on operators that have struggled with the hefty turnover tax imposed on sports and [...]

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