Key Takeaways
- The RGA commissioned a report on UK gambling tax proposals from KPMG.
- The report summary concludes that the proposed 15% rate will jeopardize the government’s social and fiscal objectives.
- KPMG recommends an initial rate of 10% followed by studies into the most appropriate tax level.
- The report also recommends changing the basis of calculation to gross profits rather than gross gaming revenue.
The Remote Gaming Association (RGA) has published a summary of a KPMG report which recommends the UK adopt a 10% gambling tax rather than the currently planned 15%.
