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Jun 15, 2009

Gaming tax reduced from fifteen to six percent

As we said earlier, that report will be tabled in the House at this Friday’s sitting when the G.O.B. will also amend the Income and Business Tax Act to decrease from fifteen to six percent earnings on licensed gaming, that is in respect of casinos and other gaming such as slot machines. This amendment will be fast tracked through the House and will come into place on first July.

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