At 35%, the proposed taxing of bettors according to a GT report

BetLaden

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The introduction of a taxing rate for online gambling companies at 35% levels suggests a survey conducted on behalf of the Greek government.

More specifically, the US company GrantThornton handed over the report, commissioned by the Greek government, which deals with proposals for the renewal of the structure and operation of gambling companies in Greece.

According to GrantThornton's report, Greece must offer two kinds of licenses: a license exclusively for sports betting and another license for all other types of gambling (casino, poker, etc.). At the same time, it is proposed that the government does not set a numerical license limit, as this may create problems. License restrictions have been in place for example in recent years in Germany, resulting in numerous reactions and litigation, both nationally and at European Union level.

Licenses should be offered, under the supervision of the SCC, for a period of seven years. Interested companies will have to pay an advance of 500.000 euro, as well as 50.000 euro per year. At the same time, licensed companies will have to offer their online services from Greek websites with a .gr extension and maintain servers in Greece, as is already the case.

Regarding the issue of taxation, which seems to generate the most reactions and debates, GrantThornton proposes to the Greek government a single tax rate of 35% for all companies, irrespective of the license they choose. This high rate is expected to significantly reduce the interest of companies wishing to obtain a license in Greece, which in itself seems to be addressing effectively the issue of limiting the number of licenses.

Since her suggestions are adopted by the Greek government, GrantThornton is also known for her other exhibitions in Greece, she believes the online gambling sector in Greece will show annual growth of 7%, which will result in net earnings order of 1,3 billion for the State, in the next 12 years.

At the same time, the Greek State asks GVCHoldings for English interests, the amount of 187 million for the activity of Sportingbet belonging to GVCHoldings in the period 2010-2011. At that time, Sportingbet had not yet been redeemed by GVCHoldings. Today, the owner reports that this debt is a multiple of the real debt. Since the English company does not want to create a problem with the operation of its platform in Greece and possibly face a problem of new licensing, it has proceeded with an economic settlement with the Ministry of Finance for the payment of 7,8 million euro per month for the next 24 months , while it is certain that he will be sued in court, disputing a large part of that debt. Sportingbet Casino is one of the most popular online casinos in Greece in recent years, with a legitimate operating license, under the control of the EERP. The company offers great deals, a variety of games and exemplary customer service. You can read more about this Sportingbet Casino rating.

Our country has been around for over a decade in a process of constantly rebuilding the online gambling market, but without yet finding a solid and effective solution. The result is three and a half to change the regime, causing market turmoil and ongoing problems, both to companies that want to license and to players who see companies entering and leaving the Greek market continuously.

The Ministry of Finance's goal last September was to have the licenses of online companies settled within a month, but in December it was announced that the proposals were still being considered and advised proposals like GrantThornton. So the issue is still pending, without much detail being clarified. However, there is evidence and belief that perhaps the Greek State may see this issue more seriously this time.


source: espressonews

soupnik

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7 Feb 2012
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Answer: In 35% the proposed taxing of bettors according to a report by G

[FONT = & amp] Has research been commissioned? [/ FONT]

[FONT = & amp] How much did it get? [/ FONT]

[FONT = & amp] Has it done for other EU countries? What did they suggest? [/ FONT]

[FONT = & amp] Was he in crisis? Did they need development? Earned by 35%? [/ FONT]

[FONT = & amp] How many idiots are we passing through? [/ FONT][FONT = & amp; : priest:: priest:
[/ FONT]
(dumb question)

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AndreLG

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19 Feb 2018
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Answer: In 35% the proposed taxing of bettors according to a report by G

Well these surveys are made on demand and of course with the result the client wants (something like polls). The government will then tell you (which aims to create a monopoly for OPAP) "I do not say it, GT says" ....... However, if several companies accept 35%, it means that the Greeks, as players, we are big lasers: twis:

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