Government’s Proposal to Remove Regional Tax Deductions on Casinos: Implications for Profitability

2023-10-25 05:36:13

According to litterthe government intends to remove the deductibility of the regional tax on casinos, which jeopardizes their profitability.

Indeed, this Tuesday, the bill on several tax provisions relating to the 2024 budget passed its first reading in the House. One aspect of the bill jeopardizes the profitability of physical casinos because of the elimination of tax deductibility that they pay to the Regions in which they are established. This is the point that the representatives of the casinos of Brussels, Ostend and Dinant deplore to our colleagues.

This measure, which is expected to bring in 45 million euros for the State, is presented as aiming to combat gambling addiction.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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