Holy Taxes!
Supporters of an open and free European online casino gambling industry welcomed
the news that the Dutch government has proposed a new bill that would tax
foreign internet gambling companies but would not restrict their access to Dutch
gamblers. The Dutch gambling industry is currently a closed state associated
gambling monopoly that has come under the scrutiny of the European Commission
for the nation’s protectionist policies. As the EC pressured nations like
Holland, Sweden, German, Greece, and others to lift their bans on foreign online
casinos a few nations have responded favorably – at least that is how it
appeared at first.
The proposed bill would not specifically legalize foreign online casinos access
to the Dutch market but rather would tax the companies for doing business in
Holland. The legality of internet gambling and betting activities would remain
in a grey zone where the activity is neither wholly illegal nor wholly legal –
somewhere in between. Specifically, the Dutch government would simply tax any
online caisno operating in the Dutch market regardless of whether the company
has a legal right to operate. The issue and debate in the online casino gambling
industry is over the nearly 41 percent proposed tax on internet gambling
companies.
The legislation is still in the planning stages and has certainly not fully
passed – many in the online caisno gambling industry assert that the bill is a
step in the right direction but certainly needs more refining. But whether it
will get any further adjustments before it goes to a senate vote is debatable. |