Romania Adds Online Turnover Tax

The Romanian government has introduced a cutting 2 percent tax on turnover for online gambling in a move that nevertheless represents a softening of its original plans.

An emergency ordinance published on Saturday December 29 brought into immediate effect the tax changes, as the country’s government urgently hunts for cash to prop up its costly social welfare policies.

The tax will be imposed on top of the existing tax of 16 percent on gross gaming revenue due from all gambling operators.

Days before Christmas, a rattled Romanian gambling industry was left scrabbling for meetings with key lawmakers in an attempt to fight published plans for an additional 5 percent turnover tax for online, with land-based operators due to pay an extra 3 percent on turnover.

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