Italian betting leadership has issued a response to parliamentary discussions on introducing a new 0.75% tax on betting and virtual sports wagers aimed at raising funds for ‘distressed Italian sports’. Italian Parliament continues to discuss the terms forming its ‘Revival Decree’ – a critical mandate which seeks to support the recovery of business and society from the long-term effects of COVID-19. …
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AgiproNews Italian View – New decade brings new tax landscape
Securing approval of its first Budget Law (passed on 24 December 2019), Italy’s new coalition government anticipates collecting a further €1.1 billion in taxes paid by gambling incumbents. A new decade begins with land-based operators adjusting to a new taxation framework, with the 5Star-DP coalition having sanctioned Italian gambling fourth set of gaming machine tax hikes in just over a …
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