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UK government plans to allow overseas gaming firms to obtain a UK license in return for a 2 percent or 3 percent tax

 UK aims to attract online gambling industry The new Gambling tax will be called “Remote Gaming Duty.” This compromise would allow gambling companies to avoid British VAT (value added tax).The Treasury has long had its eye on the potential tax revenues that are generated by the likes of PartyPoker, 888 Holdings, Ladbrokes and other gaming […]