Trouble in Denmark over Online Gambling Taxes
Because Denmark doesn’t plan to tax regulated online gambling as much as other EU countries, it’s become the focus of an investigation by the European Commission.
That investigation is focusing on whether “Denmark’s low tax regime for online gambling sites gives them an unfair advantage over bricks and mortar casinos,” writes Carolyn Henson for Dow Jones Newswires.
Denmark is in the process of opening its gambling markets to foreign companies, Henson explains. “It is planning to set a flat tax of 20% on online gross gambling revenue, compared with up to 75% for land-based casinos and gaming halls.”