Confusion over plan for online betting tax

IT IS unclear if online and phone betting companies will be allowed to pass on a planned tax to customers.

Confusion over plan for online betting tax

Finance Minister Michael Noonan said he expects to publish a bill allowing the extension of betting duty of 1% to remote betting as well as a 15% tax on the gross profits earned by betting exchanges from commissions early next year.

The changes are expected to take effect before next summer, raising €10 million next year, and about €20m a year from 2013.

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