Amid the ongoing unrest in one of the country's regions, the president declared an emergency. One of the new laws was a decree on the abolition of benefits for the gambling business.
In 2016, local online gambling was exempt from VAT - the new decree refunds the tax and ensures that it will be applied immediately to betting transactions.
Currently, online gambling accounts for 47% of all tax revenues from the gambling sector in the country.
Paydex — payment ecosystem for e-commerce businesses of any size
In 2016, local online gambling was exempt from VAT - the new decree refunds the tax and ensures that it will be applied immediately to betting transactions.
Currently, online gambling accounts for 47% of all tax revenues from the gambling sector in the country.
Paydex — payment ecosystem for e-commerce businesses of any size