RUSSIA SPORTSBOOK

Russia – Gambling businesses of Moscow will have to increase the expenditure item for paying taxes

The Moscow City Duma supported the bill, which changes article 1 of the Moscow City Law On the rates of gambling tax: the tax on gambling in the Russian capital will double.

The changes will take effect on April 1, 2018.

Last year, the Federal Law On Introducing Amendments to Part Two of the Tax Code of the Russian Federation was adopted, in which interactive betting processing centers and BSs were considered as independent objects of taxation.

According to the law, tax rates for them were determined at a rate of 2.5 to 3 million rubles. The bill approved by the Moscow City Duma suggests setting the tax rate at the maximum amount, that is, 3 million rubles per object.

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