Tag Archives: Hessen

Paddy Power Betfair challenges €55 million tax whammy

FTSE100 betting group Paddy Power Betfair (PPB) has confirmed that it will appeal its €55 million European tax charge imposed by the authorities of Germany and Greece. The first charge of €40 million relates to Germany’s Hessen Fiscal Court rejecting PPB’s 2012 Betfair Exchange tax assessment. The Hessen Court supports the German tax authority’s backdated review of Betfair Exchange transactions …

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