Key Takeaways
- Bulgarian politicians have voted to accept amendments to the Gaming Act that will change the way gaming taxes are calculated.
- A 15% turnover tax becomes a 20% tax on profits.
- MP Yordan Tsonev, who sponsored the amendments accepted that less tax revenue would be collected in 2014, but expected new licensees to boost 2015 tax receipts to over $35m.
After last week’s postponement, Bulgarian politicians have voted to accept amendments to the Gaming Act that will change the way gaming taxes are calculated.
