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Colombia Shifts Online Gambling Tax to GGR in Bid to Stabilise Market
The Colombian government has revised its taxation framework for online gambling, changing the application of the 19 per cent value-added tax (VAT) from player deposits to gross gaming revenue (GGR). The revised policy came into force on January 1, marking a significant shift in how the sector is taxed by focusing on the actual income generated by operators rather than the total amounts deposited by players. The original deposit-based 19 per cent VAT was introduced in Febr
Jan 122 min read
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