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Legal Terms - gaming duty
A tax levied under the Betting and Gaming Duties Act 1981 on the profits of a gaming company, supplementary to corporation tax. The Finance Act 2007, Schedule 1, broadens the taxation of "remote gaming winnings," which are characterized as gaming conducted via the Internet, telephone, television, radio, or similar media.
A tax levied under the Betting and Gaming Duties Act 1981 on the profits of a gaming company, supplementary to corporation tax. The Finance Act 2007, Schedule 1, broadens the taxation of "remote gaming winnings," which are characterized as gaming conducted via the Internet, telephone, television, radio, or similar media.
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