« News index »
BRITAIN&#039;S NEW P.O.C. ONLINE GAMBLING TAX REVIEW EXTENDED
05th March, 2013 at 03:06:28
Malta complaint to EC just further complicated the issue
Britain's proposed imposition of a secondary licensing and point-of-consumption tax on offshore internet gambling firms wishing to access the UK market just became more complicated with the announcement that the European Commission, to whom the proposal has been submitted, has extended its three month review period by a full month following a complaint from the island of Malta, a major licenser of online gambling companies.
Malta's beef has not been detailed, but will undoubtedly include the free passage of trade and services provisions enshrined in the European Union treaty to which Britain is a signatory.
The UK government will have to respond to Malta's claims in the complaint, and may not implement the new laws for the next six months...not necessarily a disaster, as the target date for implementation is end 2014.
The Malta complaint is just one in a growing number of voices raised in opposition to the British government's plans, including the licensing jurisdiction of Gibraltar, which is planning a legal attack if necessary, and several major British gambling groups that have shifted their online gambling divisions offshore to take advantage of more business-friendly tax regimes in order to better compete in the online market.
Related News Tags: Europe, Gibraltar, Malta
MPN FLAGS MALTA TOURNAMENT
29th March, 2017 at 19:48:16
Euro 150,000 guaranteed prize pool.
EUROPEAN ONLINE GAMBLING GROWTH CONTINUED IN 2016
29th March, 2017 at 08:27:22
Researchers estimate revenues climbed 6.6 percent.
BWIN AWARDS PAN-EUROPEAN ONLINE GAMBLING ADVERTISING ACCOUNT
28th March, 2017 at 19:47:54
BBH Sport wins significant account after a competitive pitch.
LADBROKES CORAL REPORT UNAUDITED 2016 RESULTS
28th March, 2017 at 11:21:29
Successful start for merged group, CEO determines.
EGBA PUBLISH GUIDANCE ON 4TH EUROPEAN UNION AML DIRECTIVE (Update)
22nd March, 2017 at 20:12:25
June 26 deadline nears.