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Tax

Latest Tax News


Brazil’s Chamber of Deputies Removes CIDE-Bets Deposit Tax from Antifaction Bill Before Final Approval
Licensed betting operators in Brazil have avoided the introduction of a 15% tax on player deposits after the Chamber of Deputies voted to strip the provision from the Antifaction Bill prior to its approval on Tuesday. The proposal, known as CIDE-Bets, had originally been included in the bill passed by the Senate plenary in December. At that stage, the legislation not only sought to strengthen penalties against criminal organisations but also introduced a 15% levy on deposits
Feb 273 min read


Lagos Introduces 5% Withholding Tax on Online Betting Winnings Amid Broader Push for Gaming Sector Compliance
The Lagos State Lotteries and Gaming Authority (LSLGA) has implemented a five percent withholding tax on the net winnings of online bettors, a measure that takes immediate effect across the state’s regulated gaming market. The announcement was made on Thursday by LSLGA Chief Executive Officer Bashir Are, who confirmed that the deduction will apply to all gaming platforms licensed in Lagos, regardless of whether the player resides in the state. According to the public notice i
Feb 243 min read


Estonia Moves Swiftly to Close iGaming Tax Gap After Legislative Oversight
Estonia has acted quickly to correct a legislative error that inadvertently exempted online gambling operators from taxation, following the discovery of a drafting mistake in recent amendments to the country’s Gambling Tax Act. In December, the Riigikogu (Parliament) approved changes to the Gambling Tax Act introduced by Eesti 200 MP Tanel Tein. However, an oversight in the wording of the amendments resulted in remote gaming activities being excluded from the updated legisl
Feb 162 min read


Evoke Warns of Lower-Than-Expected 2025 Revenue as Strategic Review Clouds Outlook
British gambling group Evoke said on Tuesday that its full-year 2025 revenue is expected to fall short of market expectations and declined to issue any guidance for 2026, pointing to an ongoing strategic review that could ultimately lead to a sale of the business. The update rattled investors, sending the company’s shares down by as much as 12% during the trading session. The owner of William Hill and 888 said it now expects revenue for 2025 to be about £1.79 billion ($2.47 b
Jan 293 min read


South Africa Extends Public Consultation on Proposed 20% Online Gambling Tax
South Africa’s National Treasury has extended the deadline for public submissions on its proposal to introduce a 20% national tax on online and interactive gambling revenue, granting stakeholders an additional month to comment before Finance Minister Enoch Godongwana presents the 2026 Budget. The move follows requests from interested parties for more time to assess and respond to the proposal. Treasury initially invited public comment after releasing a draft discussion pa
Jan 223 min read


Australian Authorities Step Up Action Against Tax Dodgers at Start of 2026
Australian regulators and tax authorities have kicked off 2026 with a renewed focus on companies and individuals that have failed to meet their tax obligations, signalling a tougher enforcement approach against unpaid tax debts. The Australian Taxation Office (ATO), alongside the corporate watchdog Australian Securities and Investments Commission (ASIC), has begun taking action against people responsible for managing corporations that have neglected to pay tax liabilities in
Jan 222 min read


Colombia Shifts Online Gambling Tax From Player Deposits to Operator Revenue
The Colombian government has revised its taxation strategy for the online gambling sector, replacing the 19% value-added tax previously applied to player deposits with a levy based on gross gaming revenue. The updated framework came into force on January 1, redirecting the tax burden toward the actual income earned by operators rather than the total amount of money deposited by customers. The deposit-based 19% VAT was first introduced in February 2025 as a temporary response
Jan 212 min read


Treasury Proposes New ‘Sin Tax’ on Online Gambling and Extends Public Comment Period
The National Treasury of South Africa is preparing to introduce a new tax targeting online gambling, a move that would see gambling operators pay an additional 20% on the revenue they generate from online betting activities. As part of the consultation process, the Treasury has extended the deadline for public submissions on the proposal, shifting it from 30 January to 27 February 2026 to allow for broader engagement and feedback. The department has described the proposed lev
Jan 212 min read
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