Thursday, July 26, 2007
'Double Taxation'
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'Double Taxation' The UK's bingo companies have been lobbying government over its current 'double taxation' policy, in which they are charged VAT on the price players pay for each bingo game, while gross profit is also taxed. Operators are arguing that, while being inherently unfair, it puts the industry at a major disadvantage when competing with other forms of gaming.
'Double Taxation' The UK's bingo companies have been lobbying government over its current 'double taxation' policy, in which they are charged VAT on the price players pay for each bingo game, while gross profit is also taxed. Operators are arguing that, while being inherently unfair, it puts the industry at a major disadvantage when competing with other forms of gaming.
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