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Ireland to introduce online betting tax

15 Oct 2014

IRELAND -- The Betting Amendment Bill is expected to be introduced by Finance Minister Michael Noonan shortly in Ireland, the Irish Examiner reported.

The bill will see the introduction of a new online betting tax is estimated to raise €25m per year, the report said.

The tax will be levied on foreign-based companies who receive bets from Irish residents estimated to be in the region of €1.6bn annually, the Irish Examiner said.
 
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