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Netherlands set for 1.1% gambling tax increase

Netherlands gambling tax increaseAccording to sources close to certain Dutch parliament members, the government intends to implement a temporary gambling tax rise from July 2018 to January 2019. At present, bookmakers who operate legally in Netherlands, pay 29% tax on gross gaming revenue from slots, casino gambling and all forms of remote gambling. The tax hike will see this percentage reach 30.1%.

After this six months period the tax will be reduced back to 29% again. That will happen when the country’s new gambling legislation is signed into law. This increase in the six month period is to allow the Kansspelautoriteit (Dutch Gaming Authority), to implement all of the necessary adjustments enshrined in the new law.

The tax increase comes a week after a Hague court dismissed Betsson’s claims that the authority’s recent clampdown on online gaming operators violated EU regulations.  The Kansspelautoriteit implemented a new set of regulations specifically designed to restrict international operators from targeting Dutch players. Under the new rules, they are not allowed to attract Dutch players using iconic national symbols such as windmills or tulips.

 

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