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Tax rates on gambling machines, gaming tables to be raised by 30% in Latvia
BC, Riga, 13.07.2017.
Print version
Print versionIn 2018, tax rates on gambling machines and gaming tables in Latvia will be raised by 30%, according to the legislative amendments sent to the Saeima committees for revision and included in the tax reform package, cites LETA.
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The amendments provide that tax rate on roulette and gaming tables will
grow from EUR 18,000 to EUR 23,400 a year, and tax rate on video games and
gambling machines will grow from EUR 3,204 to EUR 4,164 a year.
The Finance Ministry said that the amendments will refer to 13 active
gambling operators in Latvia.
The amendments will ensure additional revenues worth EUR 8.25 million in
2018, and EUR 9 million in the coming two years.
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