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Western Australia adopts Point of Consumption wagering tax

5th December 2018 8:52 am GMT

The government of Western Australia has passed legislation to introduce a new Point of Consumption (PoC) wagering tax on bookmakers from next month.

The legislation requires online bookmakers to pay a 15 per cent tax on net wagering revenue for bets placed by players in Western Australia from January 1st, with an exemption threshold of $150,000 per year.

Following comprehensive consultation with the local racing industry, the reforms streamline wagering taxes in the Australian state, with two [...]

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