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Gibraltar makes immediate changes to gambling tax rate

5th July 2018 10:11 am GMT

The Gibraltar government has announced changes to its gambling taxes with immediate effect, with higher annual licence fees for operators and suppliers coupled with lower taxes for consumer facing operators.

The government has been considering various models to replace the historic and essentially ‘flat rate’ gambling charges paid by its licensees since 2005.

Gibraltar chief minister Albert Isola explained in his 2018 Budget speech that the change had proved to be a “complex and challenging process” with significant interest [...]

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