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Victoria latest Australian state to introduce point of consumption tax

14th May 2018 9:06 am GMT

The Australian state of Victoria is to become the latest to introduce a point of consumption tax for online bookmakers, with the new levy set to come in from January 1st 2019.

All betting and wagering activity will be subject to an 8 per cent tax on net wagering revenue derived from Victorian customers.

This, state Treasurer Tim Pallas said, would ensure all operators pay "their fair share of tax in Victoria." It follows a consultation held [...]

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