- This topic is empty.
-
Posts
-
Tax provisions impact players’ winnings
From today’s CAP Newswire:September 10, 2008 (InfoPowa News) — Early reports suggest that the Dutch Senate cleared a proposed gaming taxation bill this week that will enable the government to tax games of chance, including those provided by foreign online operators whom the Dutch have hitherto prosecuted as ‘illegal’ in defense of the state monopoly. The bill is also reported to contain provisions targeted on individuals who win at foreign online gaming sites.
Dutch politicians appear to widely favor the bill, mainly because it helps to ensure that “illegal online gaming is not given advantage over gaming in the real world”, a reference to the Holland Casino in which the state is principal shareholder.
Earlier this year, the Dutch Senate narrowly rejected an amendment to the Dutch Betting and Gaming Act that would have given Holland Casino an exclusive license in the Netherlands to provide online gaming on a trial basis. At the time there was speculation that the politicians were nervous about European Commission intervention seeking to secure compliance with EU principles of free movement of trade and services.
The bill calls for change in the law on tax regarding Internet gambling, an adjustment of taxation methods for domestic providers of “illegal” online gaming, as well as for individuals who win at foreign online gaming sites. It is understood that the drafting approach to the legislation has involved a cross-section of Dutch political parties.
More details will be reported as they become available.
This is new for me.
No such reports about this in the Netherlands :huh2: yet…We’ve received an update on the Dutch Tax Bill story … apparently, the proposed tax is going to be a whopping 40.85 percent (!).
elgoog, it’s really interesting that you haven’t seen any reports about this in the Netherlands. It should be in all the newspapers — this is a huge tax, even by Western European standards! :whoa:
September 11, 2008 (InfoPowa News) — Further details are now available on the recent move by Dutch legislators to start taxing foreign and ‘illegal’ online gambling sites, and it appears that taxation will not imply approval or legal recognition.
Specifically, the Dutch Staatssecretaris for fiscal affairs driving the proposal, Jan Cornelis de Jager, argues that tax laws do not differentiate between legal and illegal tax subjects, and that both should therefore be treated with equity by the fiscus.
De Jager (39), a member of the Christian Democratic party who was appointed to the Dutch Cabinet in February last year, was an IT entrepreneur before entering politics and knows his way around the new Internet economy. In 1992, while still at university, he founded IT company Spectra Vision. All business activities were handed over to ISM eCompany (Innovative Solutions in Media) in 1997, where de Jager was CEO until his appointment to the Cabinet.
The mechanics of implementing the suggested and rather draconian 40.85 percent tax are still to be finalized, but it will be based on revenues generated and will include winnings by online gamblers. How this is to be achieved is not yet clear.
i did found the information on the government website
posted here at Cap: http://www.casinoaffiliateprograms.com/bb/belasting-op-de-opbrengsten-van-gokspelen-op-internet.29667.html?
but it’s not in the newspapers or the news on the neti geuss it’s a “normal” tax % for us…. :flush: :Cry:
