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Spain’s iGaming tax reduction comes into effect

3rd July 2018 10:28 am GMT
Spain

The Spanish Parliament has approved the 2018 Budget, giving the green light to significant tax reductions for iGaming companies.

A five per cent reduction in online gambling tax for licensed operators has come into force in the country on July 1st. This applies to all betting exchanges, fixed-odds betting and horse racing licensed by national regulator Dirección General de Ordenación del Juego (DGOJ).

The tax cut is designed to encourage more gaming operators to enter the regulated [...]

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