ï»¿GBGA Takes on UK Gambling Bill Point of Consumption Tax
Scales of Justice: The GBGA launches an additional challenge that is legal this time up against the point of usage income tax.
The Gibraltar Betting and Gaming Association (GBGA) has launched a challenge that is second the new British Gambling Bill, AKA the Gambling (Licensing & Advertising) Act, having seen its initial challenge dumped of London High Court earlier in the month.
Although the organization’s first challenge contested the Act it self, the new interest in a judicial review focuses solely regarding the new point of usage income tax, which, being a income tax issue instead than a certification issue, has been going through separate appropriate procedures.
The idea of consumption tax will introduce a 15 percent duty on all gambling operators that want to engage utilizing the market that is british each of whom must additionally be licensed and regulated in britain.
Once more, the GBGA will argue that the legislation is unlawful and that the idea of consumption tax breaches Article 56 of the Treaty in the Functioning of this European Union, which deals aided by the movement that is free of across borders between EU member states.
‘This tax is a restriction on the conditions of solutions,’ stated the GBGA. ‘There are no comparable precedents regarding the British Government seeking to tax entities abroad in respect of the supply of solutions into great britain without going right o Continue reading