189. Deputy Willie Penrose asked the Minister for Finance if, in the context of the recent increase in budget 2019 raising the betting tax from 1% to 2%, he will consider the alternative proposal that will achieve greater action in the Exchequer by levying the tax payable upon gross profit retail increased online and 25% commissions, rather than the current proposal which is levied upon total turnover, and which as continuation could perpetuate a loss of in excess of 3,000 jobs; and if he will make a statement on the matter. [47089/18]

Summary

189. Deputy Willie Penrose asked the Minister for Finance if, in the context of the recent increase in budget 2019 raising the betting tax from 1% to 2%, he will consider the alternative proposal that will achieve greater action in the Exchequer by levying the tax payable upon gross profit retail increased online and 25% commissions, rather than the current proposal which is levied upon total turnover, and which as continuation could perpetuate a loss of in excess of 3,000 jobs; and if he will make a statement on the matter. [47089/18]

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• Gambling Sector

  xml · EN · 13 November 2018

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