Brian Kavanagh, the Horse Racing of Ireland’s chief executive has said there will be no delay to the newly introduced betting tax system in Ireland despite the UK’s point-of-consumption (POC) system that was introduced in December 2014.
The British law, referred to the High Court in London was found in favor of Gibraltar Betting and Gaming Association (GBGA), which argued that the issue of raising online gambling taxes should be decided by the European court.
The UK’sPOC is being challenged by GBGA on grounds that the new tax discriminates and restricts movement of services of non–UK businesses that operate within EU.
On behalf of HRI, Kavanagh said that the British Governmentcould be forced to repay taxes already secured and that HRI would pay close attention to developments
“It is not an unexpected development. It is one to watch but not one to have concerns about. We will have to wait and check out the detail of the case,” said Brian Kavanagh.
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Kavanagh stated that the introduction of the new betting bill in Ireland should not be delayed with UK POC regulated issues, which in the past has seen numerous delays. Kavanagh is confident of implementing the new bill, having seen it go through the EU scrutiny concerning its anticipated framework.
“It has been through the European validation process. Now whether this case in Britain is a technicality whereby the validation process can be tested in court, I do not know.”
“But the system has been operating in Britain since December and the Irish system will come in in a few weeks time so there will be no hold up in that respect. I think it is a case of watching what is going on. Both pieces of legislation, in both jurisdictions, had to be run by the EU before being introduced so they’ve been through that process,” Kavanagh added
This article is published in: Horse Racing Betting
Tags: horse racing, Legislation, tax
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