SBC News Voice of the Sports Betting Industry
Mr Green & Co has confirmed that it has begun its appeals process against its Austrian tax liability of SEK 108 million (£9 million).
The Malta based igaming operator announced that it had presented its official appeal the Austrian Administrative Courts and that it had further backed its representation by filing its case with the European Commission (EC) courts.
The appeal relates to the operators dispute regarding the 2011 implementation of Austrian Laws which imposed a 40% tax on gross gaming revenues by national consumers.
Mr Green governance has stood by its October announcement that the company objects to the entirety of its Austrian tax liability. The operator will proceed with its appeal which aims to pay no sum of the tax charge to the Austrian government.
The operator stated to the EC that Austrian online gambling legislative frameworks and tax charges failed to comply with European business and best trade practice directives. As a Malta licensed business Mr Green argues that its operations should be accountable to Maltese regulations, hence the operators complaint to the EC courts.
Mr Green further noted that it had acted in accordance with International Financial Reporting Standards, by submitting a SEK 108 million sum for self-assessment for the period of January 2011 to August 2014.
