News

Online gambling to remain tax-free in Ireland

25 November 2008


DUBLIN, Ireland -- As reported by Irish Independent: "The Government has no immediate plans to extend betting tax from bookies shops to other areas such as online betting or bets taken over the telephone, it emerged yesterday.

"While the duty has been raised from 1pc to 2pc for betting shops, online services will continue to be tax free.

"During his briefing on the Finance Bill yesterday Minister for Finance Brian Lenihan said he had delayed making major changes on betting duty as he needed more time to examine the industry.

"Previous attempts to tax the online betting industry have met with failure as big bookmakers moved their operations to offshore tax havens such as Gibraltar, where many of them continue to operate from today..."

Online gambling to remain tax-free in Ireland is republished from Online.CasinoCity.com.

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