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NSW introduces legislation for new Point of Consumption tax

19th October 2018 8:19 am GMT

New legislation has been introduced in the Australian state of New South Wales (NSW) which will see operators pay a 10 per cent Point of Consumption tax on online wagering from January 1st.

The new tax on online wagering by NSW residents will provide AUD$5m per year for measures targeting gambling harms.

NSW Minister for Racing Paul Toole said the funding boost means the Responsible Gambling Fund can expand its work in preventing and reducing gambling harms.

“As [...]

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