Presenting new budget plans, the South Australia state treasury is set to introduce a ‘place of consumption’ (POC) tax for all licensed gambling operator services regardless of Australian jurisdiction. Updating the media, SA treasurer Tom Koutsantonis detailed that the budget measure expects to generate approximately AUS $9.2 million a year from betting operators targeting SA consumers. The SA POC …
Read More »Tag Archives: Tom Koutsantonis
South Australia preps POC tax scheme
The South Australia Treasury has been tasked with preparing an online gambling tax scheme that will charge online gambling operators on the location of its customers wagering, mirroring the current UK POC charge. The treasury estimates that +70,000 South Australian have wagered using online gambling services, the agency will look to re-structure current online gambling policies in order to raise …
Read More »