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Swiss lawmakers vote against tax on lottery and gambling winnings

21st March 2017 7:20 am GMT
Switzerland

Switzerland's National Council has voted against a proposal to tax players' lottery and gambling winnings.

The decision of the lower house of the Swiss parliament puts it at odds with the Council of States, which had approved the imposition of a tax on sports betting and lottery winnings of over CHF1,000, while maintaining the tax-free status of land-based casino winnings.

Another proposal to also extend the tax to online casino winnings was rejected because it could lead [...]

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