KPMG Reports: GPT Essential in Italy

July 30th, 2012
Back KPMG Reports: GPT Essential in Italy

Better Government income and consumer protection with GPT regime

According to a KPMG report commissioned by trade association The Remote Gambling Association (RGA), the Italian government should switch to a gross profit tax (GPT) regime for online sports betting in Italy, as soon as possible.

The report blames the current turnover tax system for the fact that punters are turning to offshore jurisdictions where they get better value for their money than when betting on AAMS-regulated websites.

It was assessed by the RGA that the new tax regime would bring more income to the state coffers and better social protection measures for customers.

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