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turnover tax on betting and virtual sports wagers

Italian Parliament Enacts New Turnover Tax on Betting and Virtual Sports Wagers

The HALLO ECHO

  The Italian parliament has enacted a new temporary 0.5% turnover tax on betting and virtual sports wagers. Publishing the state gazette last week confirmed that MPs had supported amendments introducing new turnover tax across all betting-related verticals – online, retail and virtual sports content. The turnover tax is implemented as a set of first…

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