Industry

Government wants casinos to increase gross income tax rate from 20% to 25%

Chilean media reported that the government plans to send Congress a proposal to allow automatic renewals of the operating permits of 14 casinos that were scheduled to expire this year. Undersecretary of Finance Francisco Moreno wants the casinos to agree to an increase in their gross income tax rate from 20% to 25% during the 12-month extension. In exchange, the casinos would be allowed to develop ‘remote gaming’ platforms “within their respective perimeter.”

Source: CalvinAyre.com

Categories: Industry