The online casino sector will be taxed

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According to the explanatory note to the initiative, this amendment will result in an additional 115 million GEL in the budget. Gambling companies, and in particular those firms that provide gambling services to customers electronically, are taxed under a different profit tax regime than other sectors. From 2022, they will be taxed not on distributed profits, but on 15% of their net gambling revenue (GGR), which is 15% of the difference between bets received and winnings paid out.


on this principle starting in 2022. Initially, this rate was 10%, austria business fax list increasing to 15% from 2024, and starting in 2025, their profit tax will be 20% of GGR. Gambling Similar news Gambling 7 casinos closed in Georgia this year due to tax increases - Association 15:03 - 22.07.2024 Irakli Gharibashvili Important events in the Georgian economy last week 13:00 - 05.


11.2023 Action Important events in the Georgian economy last week - December 9 - 15 08:46 - 15.12.2024 Although the economic crisis seems to have come late to the education sector, it has already been reflected in re:school - Salome Mgeladze Re:School Nini Gigishvili 01.01.25 00:49 • 2234 Non-formal education space re:school says the effects of the current events in the country have already been felt in their sector.