Tag: RGA tax
RGA calls for online gambling tax re-think
September 18, 2013
iGaming Business – The UK’s Remote Gambling Association (RGA) has called for Britain’s online gambling tax proposals to be changed following a report by financial services firm KPMG. In its 2012 Budget, the UK government announced plans to tax online gambling on a “place of consumption” basis, and last month the government confirmed that it intends to impose a 15% tax rate on online betting companies that target customers in the country but are based in offshore tax havens. However, according to the RGA, which commissioned the study, the KPMG report found that the proposed tax is “likely to fail…