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Betting providers hit with new Point of Consumption tax in Australia

23rd June 2016 7:47 am GMT

Betting companies serving customers in South Australia will be liable to a point of consumption tax (POC) from next year under a budget proposal released Thursday.

The state government of South Australia will apply the new POC tax on all state-licensed bookmakers, authorised interstate betting operators and corporate bookmakers, including the likes of William Hill, bet365, Ladbrokes, and state TABs.

The POC tax will be applied from July 1st, 2017, at a [...]

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