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NSW government will increase casino tax to fund services
The updated poker machine rate will bring New South Wales in line with Victoria, following recent reforms to casino taxes announced in the state budget. Casino poker machines would attract a top tax rate.67 per cent under the proposed increase, which is expected to take effect from July next year. I am honoured to have the opportunity to work with RWA members, sporting and how To Play On Netbanking Casinos racing bodies, and governments of all levels to ensure we continue to get the balance right between protections, regulation and freedoms, Mr Cantwell said. These reformed tax rates will replace the existing regime under which casinos pay less tax on poker machines than hotels and clubs. Its important that casinos pay their fair share of tax, Kean said. Log in to keep reading or access research tools. Lucy Cormack is a state political reporter with The. Shares hit their lowest since April 23, 2020. Loading 3rd party ad content. His deep understanding of social policy, sports, wagering and Government position him perfectly to lead RWA and its members as we continue to promote socially responsible wagering and advocate for the highest standards in the sector, Nick Minchin added. This was published 3 months ago. They are forecast to raise an additional 364 million over the next three years. NSW to reform casino tax rates 17 December 2022, casino tax arrangements will be reformed by the Liberal National Government to help fund vital services. NSW, treasury pays respect to the Traditional Custodians and First Peoples. Intended casino duty rates NSW Treasury
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