Italy is considering imposing a 1% betting turnover fee.

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Italy

Valentina Vezzali, Undersecretary for Sports, has obtained a debate on the imposition of a set 1% tax on betting turnover, much to the chagrin of Italian bookmakers.

The Sports Minister is said to have met with Italy’s fiscal ministries to discuss a possible increase in betting taxes.

Representatives from the Italian Treasury and gaming regulator ADM, the Agency of Customs and Monopolies – as well as the ministries of Economic Development, Labour Policy, Finance Commission, and the Income Revenue Office – were in attendance.

Following the group’s initial meeting on March 29, Italian media indicates that a new meeting will be convened in fifteen days, at which the ministries would offer individual suggestions and considerations relating to the tax levy.

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Nassima Azmzm

Nassima Azmzm

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