fiulpro (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 05:01:33 PM |
|
The have been a tax proposal recently announced which according to the officials will impact the overall situation of Ukraine. Few things to consider here : The Scientific and Expert Management Committee of the Parliament argued the latest tax proposal on gambling would impact budgetsThe proposal set a flat 10% tax rate for all gambling verticals and removes plans for license fees hikeThe committee outlined a number of factors influencing gambling tax rate policy and not justifying reducing the tax burden on operators If you do think that 10% is a huge amount I do think you have to read the full article where they state that for them it was a sum between 10-30% . For the government a 10% tax proposal is honestly low. But according to the experts this might reduce the consumption. The companies might soon find them in a bind. The license fee is also supposed to hike which will cause probelms for the new companies. For the already established one's it might be a bad news nothing else but the government will soon see lower people interested in establishing their own companies. I do think the government is trying to compensate for covid and at the same time there are some probelms with Russia right now therefore they are trying to play safe and earn some money. What do you think ? https://www.gamblingnews.com/news/gambling-tax-proposal-may-impact-ukraine-state-and-local-budgets/
|
|
|
|
Fortify
Legendary
Offline
Activity: 2772
Merit: 1198
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 05:22:35 PM |
|
The have been a tax proposal recently announced which according to the officials will impact the overall situation of Ukraine. Few things to consider here : The Scientific and Expert Management Committee of the Parliament argued the latest tax proposal on gambling would impact budgetsThe proposal set a flat 10% tax rate for all gambling verticals and removes plans for license fees hikeThe committee outlined a number of factors influencing gambling tax rate policy and not justifying reducing the tax burden on operators If you do think that 10% is a huge amount I do think you have to read the full article where they state that for them it was a sum between 10-30% . For the government a 10% tax proposal is honestly low. But according to the experts this might reduce the consumption. The companies might soon find them in a bind. The license fee is also supposed to hike which will cause probelms for the new companies. For the already established one's it might be a bad news nothing else but the government will soon see lower people interested in establishing their own companies. I do think the government is trying to compensate for covid and at the same time there are some probelms with Russia right now therefore they are trying to play safe and earn some money. What do you think ? https://www.gamblingnews.com/news/gambling-tax-proposal-may-impact-ukraine-state-and-local-budgets/ It seems like a fairly good idea with the tax amount being low but possibly required to draw in gambling institutions from other locations. The key thing with Ukraine is it has suffered corruption for so many decades that any new law has to be kept as simple as possible with transparency being the number one aim. When corruption becomes so deeply ingrained in a society, to destroy it you will upset a lot of people even though the average citizen will be much better off long term if it is designed well enough. I can only hope the politicians have the courage to see through the reforms, because there will be a lot of dirty money throwing all sorts of tricks to keep the current situation. Best of luck to Ukraine and any country that is trying to better themselves through honest, scientific and expert led reforms.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Zilon
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 05:55:25 PM |
|
The have been a tax proposal recently announced which according to the officials will impact the overall situation of Ukraine. Few things to consider here : The Scientific and Expert Management Committee of the Parliament argued the latest tax proposal on gambling would impact budgetsThe proposal set a flat 10% tax rate for all gambling verticals and removes plans for license fees hikeThe committee outlined a number of factors influencing gambling tax rate policy and not justifying reducing the tax burden on operators 10% tax rate for me is high I am aware other countries might have higher task rates but it's still high because most of this gambling sites record huge losses as well compared to other businesses giving out 10% on tax is not ideal The companies might soon find them in a bind. The license fee is also supposed to hike which will cause probelms for the new companies. For the already established one's it might be a bad news nothing else but the government will soon see lower people interested in establishing their own companies. I do think the government is trying to compensate for covid and at the same time there are some probelms with Russia right now therefore they are trying to play safe and earn some money. What do you think ?
I see this as a plan to discourage Investors from going into gambling business so as to reduce the rate of gambling practices in Ukraine. Hiking license fee would not only shake the investors it will also make newer investors have a rethink if they would go ahead and invest or not
|
|
|
|
fiulpro (OP)
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 06:53:30 PM |
|
I see this as a plan to discourage Investors from going into gambling business so as to reduce the rate of gambling practices in Ukraine. Hiking license fee would not only shake the investors it will also make newer investors have a rethink if they would go ahead and invest or not
Nevada have like the lowest tax rates around 6.75% and at the same time the gambling winnings are taxed at much much higher rates, consider USA , they have to give like 24-25% of their winnings !! This is outrageous. When you are talking about gambling company as an investment 0% tax rate is there is the investor directly holds 50% or more. Which is quite a shock to see the government keeping gambling aside at 10%. But then again I think it's reasonable as compared to other state authorities. If you compare it with the prices in the whole Europe, you will be shocked. You have to pay 23% if you have a gambling company and 35% If you have a slot machine !!! Therefore Ukraine is much better in comparison.
|
|
|
|
dunfida
Legendary
Offline
Activity: 3192
Merit: 1147
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 07:20:43 PM |
|
Nothing to be shocked and heck 10% is something reasonable compare into other states or countries which does have outrageous taxation percentage.
We cant tell on whats the reason on sudden change but with due common sense then its understandable that they would really be needing some add up not only for sake of economy but also with that pandemic situation i presume.
Taxation is never been bad as long it would be handled out correctly. Bad news for those who do tempt to make a new business but actually its for the own good.
|
|
|
|
Slow death
Legendary
Offline
Activity: 3122
Merit: 1121
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 07:29:22 PM |
|
in my country the tax are much higher than these, and the government has many fines in case of any infraction, if I'm not mistaken the minimum tax in my country is 17%... I don't know how the governors of my country they think when they pose so many obstacles. if a person and a company are paying high fees then how are people supposed to be able to become financially independent? how do you expect gambling companies not to go bankrupt if they have to pay high tax? maybe the world will only develop when the current generation starts to assume power in governments
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Lanatsa
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 07:36:13 PM |
|
Those numbers are just too far off from this list; https://www.casino.org/blog/comparing-gambling-taxes-around-the-world/Since this is still a proposal then it could be still changed nor not to be implied or integrated but frankly speaking it isn't really just too big to freak on for those gambling business owners out there.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
swogerino
Legendary
Offline
Activity: 3262
Merit: 1244
"Play Poker on Telegram"
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 07:39:47 PM |
|
That is a normal number for me at 10% and I am not shocked at all.Where I am located right now is 15% and people are well aware of it.It looks like different governments are finding new ways to make government pockets full so they can keep the state running and why not improve it a bit.Here the government although a poor one like Albania have already passed the law that Bitcoin is legal and are now studying ways to tax mining income.Probably they will add buy/sell tax later but this all adds up to government pockets which in theory should serve better its citizens although we know this is rarely the case nowadays.
|
|
|
|
TimeTeller
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 08:35:12 PM |
|
Nothing to be shocked and heck 10% is something reasonable compare into other states or countries which does have outrageous taxation percentage.
We cant tell on whats the reason on sudden change but with due common sense then its understandable that they would really be needing some add up not only for sake of economy but also with that pandemic situation i presume.
Taxation is never been bad as long it would be handled out correctly. Bad news for those who do tempt to make a new business but actually its for the own good.
I do agree that 10% is considerably low as compared to other countries. Just to get an idea where they are positioned at, in terms of gambling tax rate. This article was only last year. So the rates may have not changed significantly as compared today. As long as the government is putting those funds into good use, that would be fine. https://www.casino.org/blog/comparing-gambling-taxes-around-the-world/![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F9To1b3a.png&t=665&c=bXEssVvy0OhorQ)
|
|
|
|
goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 10:52:27 PM |
|
May I know what's the current tax rate in gambling in that country?
Because the issue is, if the 10% flat rate tax will be imposed, it will affect the gambling revenue in the country or the overall budget that's why parliament wants the government to consider subsidies to address the deficit.
Those proposals are a product of a brain-storming so it's make me think that it's a big issue there that tax related to gambling should be modified.
|
|
|
|
Twinkledoe
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1904
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 11:09:41 PM |
|
Reading the article posted by OP, there are other things that are discussed also like "make additional contributions to social programs to address the negative impact of gambling and thus raise the cost of their services and further reduce gambling levels." At least, they are also worried about the negative impact of gambling on their citizens. So to compensate for such impact, these gambling businesses will contribute on social programs of their country. And in terms of the tax rate, I believe, that's very reasonable rate considering that other countries are charging much much higher than their rate. It means, these businesses can still survive even with this 10% tax rate.
|
|
|
|
mv1986
Legendary
Offline
Activity: 2184
Merit: 1282
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 11:24:30 PM |
|
in my country the tax are much higher than these, and the government has many fines in case of any infraction, if I'm not mistaken the minimum tax in my country is 17%... I don't know how the governors of my country they think when they pose so many obstacles. if a person and a company are paying high fees then how are people supposed to be able to become financially independent? how do you expect gambling companies not to go bankrupt if they have to pay high tax? maybe the world will only develop when the current generation starts to assume power in governments
Is this about bricks and mortar gambling companies? I don't see online casinos going broke, especially if they are from other locations. For them it is just an integration of the Ukrainian language in their web interface. It is not that they run a totally independent and different company in Ukraine. I wonder anyway how is the Ukraine going to stop online casinos from abroad? There is literally no country in the world that managed to do that because of VPNs. I also don't know about the statistics of gambling in Ukraine, but the financial damage Covid has caused s probably so substantial that a gambling tax is a drop in the bucket at maximum I would guess.
|
|
|
|
Saint-loup
Legendary
Offline
Activity: 2716
Merit: 2410
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 11:52:09 PM |
|
The have been a tax proposal recently announced which according to the officials will impact the overall situation of Ukraine. Few things to consider here : The Scientific and Expert Management Committee of the Parliament argued the latest tax proposal on gambling would impact budgetsThe proposal set a flat 10% tax rate for all gambling verticals and removes plans for license fees hikeThe committee outlined a number of factors influencing gambling tax rate policy and not justifying reducing the tax burden on operators If you do think that 10% is a huge amount I do think you have to read the full article where they state that for them it was a sum between 10-30% . For the government a 10% tax proposal is honestly low. But according to the experts this might reduce the consumption. The companies might soon find them in a bind. The license fee is also supposed to hike which will cause probelms for the new companies. For the already established one's it might be a bad news nothing else but the government will soon see lower people interested in establishing their own companies. I do think the government is trying to compensate for covid and at the same time there are some probelms with Russia right now therefore they are trying to play safe and earn some money. What do you think ? https://www.gamblingnews.com/news/gambling-tax-proposal-may-impact-ukraine-state-and-local-budgets/ The article is interesting but it doesn't talk about taxes on cryptocurrencies and gambling winnings in cryptocurrencies. Usually profits from cryptocurrency investments are already taxed by authorities then they are not able to tax gambling winnings in cryptocurrencies to keep a consistent regulation and avoid double taxations.
|
|
|
|
STT
Legendary
Offline
Activity: 4018
Merit: 1436
Exchange 250+ Coins With 0% Fees
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 07, 2021, 11:59:14 PM |
|
10% sounds low but casinos can be unlucky too, its 10% of the profits I guess just confusing for me when they say 10% flat tax I wonder if they want to tax money for revenue which is going to be a problem. Doesnt sound feasible because any gambling operation can lose big at least sometimes that will occur. Profit sharing is normal in commodity take businesses where its a natural resource and gambling is considered a recession proof industry useful to government for its consistency thats why an outright ban rarely makes sense and is usually just handing trade to other countries as almost any population of people will gamble on something.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
Wexnident
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2021, 05:08:47 AM |
|
I'd actually appreciate it if newer companies were prevented from being created due to the fees of starting up one being quite low. I'd rather have a single casino that's honest to its customers than looking for one in a multitude of casinos that are probably scamming other newbies. Quite rare, but it still happens I must say. And besides, I don't think the government even has the idea of actually wanting more people to create more gambling companies, now that'd be just odd no?
As for the tax, well, as long as it's managed properly I don't really think it's that high. It's actually on the low side even.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Lorence.xD
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2021, 05:13:05 AM |
|
If I'm not mistaken Lottery games and poker are the only gambling games that is legal in Ukraine, and its already taxable I believe. Is this new proposal aims to introduce more games and adoption or just a pure TAX proposal? Anyway, 10% is indeed law because in my country we tax casinos or gambling activities on so many ways as long as its legal and they make it into law so casinos wont get away from it, I'm not sure though with the current rate but considering all the taxes, I'm pretty sure its beyond 10%
10% tax for a casino is not that high because in my country they have a really elaborate ways to tax the gambling houses and the government even have their own gambling house that works on charity most of the time.
|
|
|
|
█▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . Stake.com | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | █▀▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄▄ | | . PLAY NOW | | ▀▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄▄█ |
|
|
|
Woodie
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2021, 06:02:48 AM |
|
Since you saying it's a proposal depending on how the affected parties react...tax rate could go lower but I see a drop in gambling companies and a barrier to entry for new players in this industry. But why tax gambling now are Ukrainians gambling alot? Thought with the Corona pandemic gambling was expected to be on the rise. Nothing to be shocked and heck 10% is something reasonable compare into other states or countries which does have outrageous taxation percentage.
We cant tell on whats the reason on sudden change but with due common sense then its understandable that they would really be needing some add up not only for sake of economy but also with that pandemic situation i presume.
Taxation is never been bad as long it would be handled out correctly. Bad news for those who do tempt to make a new business but actually its for the own good.
I do agree that 10% is considerably low as compared to other countries. Just to get an idea where they are positioned at, in terms of gambling tax rate. This article was only last year. So the rates may have not changed significantly as compared today. As long as the government is putting those funds into good use, that would be fine. https://www.casino.org/blog/comparing-gambling-taxes-around-the-world/![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F9To1b3a.png&t=665&c=bXEssVvy0OhorQ) Clearly these high tax rates show the intention of the government which is to discourage gambling by its citizens and maybe try to indirectly try to push its people in much more constructive activitiesthan gambling as the govt sees gambling to have a negative effect on a person and reduce their productivity at work if they keep this up.
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
|
|
|
YOSHIE
Legendary
Offline
Activity: 2212
Merit: 1779
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2021, 08:42:25 AM |
|
I have read about the tax proposals that will be imposed by the Ukrainian government on gambling, from a gambling perspective it is a big reason to improve the country's current economy, no wonder in certain countries the list of online gambling sites is booming, they know that gambling is currently the biggest favorite among many people. It is for this reason that many countries are currently implementing a taxation system on gambling sites, the state believes it is one of the main reasons to improve the country's economy, as Ukraine did. I've read about countries that implement a tax system, but that only applies to casino gambling sites, not to bettors. If i see ukraine doing as i see in this article i think it will be bad for the players themselves, if taxation is passed on to the winner. The proposal also defines a threshold of 8 times the annual minimum wage in the country, approximately $1,750, with any winnings above it subdued to a winning tax.
For that each country has its own laws in taxation rules.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Johnyz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2021, 08:47:43 AM |
|
If I'm not mistaken Lottery games and poker are the only gambling games that is legal in Ukraine, and its already taxable I believe. Is this new proposal aims to introduce more games and adoption or just a pure TAX proposal? Anyway, 10% is indeed law because in my country we tax casinos or gambling activities on so many ways as long as its legal and they make it into law so casinos wont get away from it, I'm not sure though with the current rate but considering all the taxes, I'm pretty sure its beyond 10%
10% tax for a casino is not that high because in my country they have a really elaborate ways to tax the gambling houses and the government even have their own gambling house that works on charity most of the time. That's right there's a lot of people that plays lottery and that's a government owned gambling house which some of the winners are tax free actually so they can attract more gamblers. The tax proposal should have a good purpose to raise extra funds but if they are just imposing taxes for their own benefit then its useless. Ukraine are too strict in gambling, you have to follow the law and if you are obliged to pay necessary taxes, you can't do anything about it.
|
|
|
|
kotajikikox
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2492
Merit: 215
★Bitvest.io★ Play Plinko or Invest!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
June 08, 2021, 09:57:03 AM |
|
Proposal can be revised depend on what they will be considered , because in every rules there is opposition and i know it will come everytime . Ukraine is a gambling lover country same as russian and other european countries so basically the rules will be applied in reasonable way. While 10-30% might sound a lot for some people, we need to look at whole picture. Ukraine is in a special situation, the country is fighting a civil war for many years now. The economic conditions are pretty bad since the Eastern part of the country declared independence, which was the economic strongest part. Even though Ukraine is receiving international help, they need money. A big part of the male workforce either is fighting or returned from fighting, being a strong burden on Ukraine.
30% is more appropriate than losing in gambling all the way.
|
|
|
|
|