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Dutch Senate Approves Gaming Tax Bill- Taxing Online Poker WinningsThu, Sep 11th, 2008 @ 12:00am This past Tuesday, the Dutch Senate cleared a proposed gaming taxation bill that will enable the government to tax games of chance, which they consider online poker to be, including games provided by foreign online operators whom the Dutch have hitherto prosecuted as 'illegal' to defend their state gaming monopoly. The bill is believed to also contain provisions targeted at individuals who win at foreign online gaming sites. The bill earned the approval of Dutch politicians because it discontinues the advantage online gaming sites over "gaming in the real world". As such, the bill was presented in terms of fiscal neutrality, in that it draws no distinction between legal and illegal activities for the purposes of taxation. Since the state gambling monopoly holder is Holland Casino, observers infer that the bill aims to bolster decreased revenues from the state gambling monopoly from its online competition. The new taxation bill aims to change how foreign Internet gambling operators are taxed, as well as how individuals who win at foreign online gaming sites are taxed. The exact tax changes and mechanisms of enforcement are still undefined. It is understood that the drafting approach to the legislation has involved a cross-section of Dutch political parties. Tjeerd Veenstra, director of the Dutch lottery De Lotto, confirmed to GamblingCompliance that the taxation bill had been the result of ongoing senate discussions and noted that the provisions would solely effect foreign operators. Read Related Articles:
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Pollack Done as Commish of World Series of Poker Just three days after crowning Joe Cada as the 2009 Main Event champion, officially closing the special 40th anniversary run of the World Series of Poker, Jeffrey Pollack has resigned his post as Commissioner of the WSOP.
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Moon and Cada Heads-Up, Ivey 7th at WSOP Main Event Final Table After a marathon session at the most esteemed table in the poker world, a 21-year-old and a logger are set to go one-on-one for the World Series of Poker Main Event bracelet.
PokerStars Launches New UK and Ireland Poker Tour PokerStars.com has announced the start of a new poker tour with stops throughout the United Kingdom and Ireland. The UK and Ireland Poker Tour (UKIPT) will kick off in Galway, Ireland in mid-December, and the first event in the UK will be held in Manchester in February.
Peerless Media Agrees to Purchase World Poker Tour Enterprises According to a Monday press release, WPT Enterprises Inc., mothership of the World Poker Tour, is now the rightful property of Peerless Media, Ltd., subsidiary of online giant PartyGaming. |
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