Poc Tax For Other Aussie States?
By Brian Cullingworth, Last updated Sep 30, 2016
Tabcorp CEO believes it's a real possibility
In an interview with The Australian, Tabcorp chief executive offer David Attenborough warned "global rivals" of his belief that other Australian states are moving fast to follow South Australia's lead in implementing a point of consumption tax.
The comments came amid Attenborough's call for a "level playing field" where he said Tabcorp had been "operating with one or two arms behind its back" with corporate bookmakers in the Australian market offering in-play and credit betting, betting forms Tabcorp considers illegal under Australian Law.
South Australia's 15 percent point of consumption tax is expected to be effective July 1, 2017 and is anticipated will contribute AU$ 9.2 million to the state coffers per annum.
"The betting industry is rapidly changing and our tax regime needs to change with it," South Australia Treasurer Tom Koutsantonis said earlier this year.
Online Casino News Courtesy of Infopowa
Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.
We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.
His passing in February 2019 was a dark day for us. He will be forever missed.
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