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Germany adopts tax on iGaming stakes

10th June 2021 9:38 am GMT
Germany Berlin
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Online gaming operators in Germany will be subject to a tax on all stakes with the opening of the regulated market on July 1.

Following a public hearing into the proposed tax on Monday, the finance committee of the German parliament approved amendments to the Racing Betting and Lottery Act on Wednesday (June 9), with the 5.3 per cent tax on iGaming stakes coming into force on July 1.

The tax will apply to both licensed operators [...]

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