Does implementing a tax on a gambling platform really help a country?

[Taskford]

We know that corrupt officials are in many countries and it is hard to eradicate because it happened a long time ago. Even if their clean officials want to eradicate it, it will not be easy because they must face officials who have a big power to control the other corrupt officials. But we should share the optimism that someday, the corrupt officials can take care of the tax and distribute it to the right place. And yes, the gambling business really gives big money to the country, so the country can grow and build many facilitates for the country and the people.

Corrupt officials will continue to exist. They are good at hiding themselves especially to the people and how they're making rounds inside the government is unknown by the others.
Well, there's this case that I've read that instead of the casinos registering to their government, they're only giving under the table money so that they can continue to exist and operate, corruption at its finest for real.

I can not understand that corrupt officials already get paid from the country as their income and that amount is bigger than the other officials. But they still take the money that belongs to the country to themselves instead of taking care of the tax and distributing it to the right places.
The casino gives that money to corrupt officials as protection money from the tax officials that come to them.

Money is root of all evil so expect those trash politicians to think stealing the country funds if they find opportunity to do it, But if the funds will really be used for something useful provably we can see more develop country and the funds gotten from gambling is truly useful since for sure tax from casino is huge. Although its not good to give the tax to corrupt officials but we should obey what the law says maybe they can steal from now but w can actually revenge by not voting them on next election.

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[KTChampions]

In general, I agree that this problem exists, but this is a separate problem and it is hardly correct to discuss the need to pay taxes with the existence of corrupt officials. I think most people imagine an ideal state without them and with enterprises that honestly pay fair taxes.

We can really make out such comparison in between countries that those who do have corrupt officials and to those who dont have.
You would see on how progressive it is and you would see on how its still underdeveloped into those officials who havent applied those taxes well.
Its true that tax is the bloodline of an economy and if its been used and applied well into things which are supposed to be used
then you would really be seeing improvement and that would really be beneficial into its citizens.

Accordingly, I do not see what controversial issues remain in the topic, the truth is that corruption must be eradicated everywhere. Taxes are an unpleasant thing, but necessary for the functioning and development of society. Gambling, like any business, should be taxed 

[aysg76]

I see a lot of threads here about some countries imposing a tax on gambling casinos. And each forum member has their own opinion about this type of topic.

Now I'm wondering, does implementing a tax on a gambling platform will really help a country?

- What are the pros and cons of it?
- What should be the proper tax percentage for you that they should impose.
- Will this be a bad thing for gamblers?

Also, are these governments capable of taxing online gambling casinos that we often use like stake, chips, etc...

Giving them legal status and facilities to run business requires tax payments in return similar to other businesses.Gambling taxation is not a bad thing if proper rules and tax percentage is set for them.They must not be under capital gain tax as 30-40% tax on each winning.For example you can set 10-15% tax on total profits of casino and that would not be problem for any house.Use that tax for economic benefits not to fulfill your personal bank accounts and still making obstacles for gambling casino which is bad thing.

[michellee]

We know that corrupt officials are in many countries and it is hard to eradicate because it happened a long time ago. Even if their clean officials want to eradicate it, it will not be easy because they must face officials who have a big power to control the other corrupt officials. But we should share the optimism that someday, the corrupt officials can take care of the tax and distribute it to the right place. And yes, the gambling business really gives big money to the country, so the country can grow and build many facilitates for the country and the people.

Corrupt officials will continue to exist. They are good at hiding themselves especially to the people and how they're making rounds inside the government is unknown by the others.
Well, there's this case that I've read that instead of the casinos registering to their government, they're only giving under the table money so that they can continue to exist and operate, corruption at its finest for real.

I can not understand that corrupt officials already get paid from the country as their income and that amount is bigger than the other officials. But they still take the money that belongs to the country to themselves instead of taking care of the tax and distributing it to the right places.
The casino gives that money to corrupt officials as protection money from the tax officials that come to them.

Money is root of all evil so expect those trash politicians to think stealing the country funds if they find opportunity to do it, But if the funds will really be used for something useful provably we can see more develop country and the funds gotten from gambling is truly useful since for sure tax from casino is huge. Although its not good to give the tax to corrupt officials but we should obey what the law says maybe they can steal from now but w can actually revenge by not voting them on next election.

Yes, I agree that money is the root of all evil but that will depend on how we can treat money. As long as the officials know that they must not corrupt the money instead of taking care of the money for all people's good in their country, they will not corrupt. But all of them are just humans who can get tempt by the power of money. That money will benefit all people because we can see that the government can use that money from the tax to solve and give better things to their people. We can revenge on them by not voting them, but when they already on that "hot chairs," they will do anything to make sure they will be back to hold their position.

[Kittygalore]

If the taxes are put in the right places and no one is lining their pockets with the public funds collected from these taxes then it is really helpful for a country.

[Sanitough]

If the taxes are put in the right places and no one is lining their pockets with the public funds collected from these taxes then it is really helpful for a country.

Obviously, taxes would not help if the government officials are corrupt, any taxes, not only limited to gambling taxes can be corrupted by anyone who has the power. However, since we are talking about the overall effect of taxes from casinos, we should understand that it really helps a lot to improve the economy.

Actually, it should not be asked because once a casino or gambling platform legally operates, it's automatic that they'll pay taxes as that's their responsibility.

[geegaw]

I see a lot of threads here about some countries imposing a tax on gambling casinos. And each forum member has their own opinion about this type of topic.

Now I'm wondering, does implementing a tax on a gambling platform will really help a country?

- What are the pros and cons of it?
- What should be the proper tax percentage for you that they should impose.
- Will this be a bad thing for gamblers?

Also, are these governments capable of taxing online gambling casinos that we often use like stake, chips, etc...

I come from a poor sector and the majority of us here are relying on a free health system that is being sustained by gambling taxes, so yes a gambling platform can help the government and the sector they are supporting, it's a big help and it's a win-win situation between the two, that is why there are a lot of laws here that support the gambling sectors.

I don't want to be too negative but sometimes the source of the poverty in your area can be a consequence of the support for the casino, both sides benefit can only be a description for the government and the casino, they have taxes and some members of the system will turn it into black funds for individuals, casinos lose the pressure and cooperate with the government, they are more open to sucking other people's money. Some charity event and we'll be grateful to the government and the casino, is that too naive?

[sana54210]

I agree that money is the root of all evil but that will depend on how we can treat money. As long as the officials know that they must not corrupt the money instead of taking care of the money for all people's good in their country, they will not corrupt. But all of them are just humans who can get tempt by the power of money. That money will benefit all people because we can see that the government can use that money from the tax to solve and give better things to their people. We can revenge on them by not voting them, but when they already on that "hot chairs," they will do anything to make sure they will be back to hold their position.

I have been part of politics a bit of my life, been in some positions (very minor local stuff) and reached to a good level where I didn't have much power but I did had a chance to actually profit from it over everyone else (heard about some land getting the permit for a building way before anyone else, so I could have bought some plots and became super rich by now) and did not take it, I also got huge offers from other political parties to lead their parties local place in my town as well, that would have allowed me to retire before age of 40 if I took it, still did not take it.

I am not going to say I am a great person for not taking any of those deals, because when I didn't, I know someone else did, I actually know that they did, I know them in person, yet I know I am just not that great, why? Because I am happy financially so I didn't need to take it, I have a great job that I love doing and that is enough for me, I do not need to, but someone who is in financial distress? You would be 100% moron not to take those deals.

[tabas]

We know that corrupt officials are in many countries and it is hard to eradicate because it happened a long time ago. Even if their clean officials want to eradicate it, it will not be easy because they must face officials who have a big power to control the other corrupt officials. But we should share the optimism that someday, the corrupt officials can take care of the tax and distribute it to the right place. And yes, the gambling business really gives big money to the country, so the country can grow and build many facilitates for the country and the people.

Corrupt officials will continue to exist. They are good at hiding themselves especially to the people and how they're making rounds inside the government is unknown by the others.
Well, there's this case that I've read that instead of the casinos registering to their government, they're only giving under the table money so that they can continue to exist and operate, corruption at its finest for real.

I can not understand that corrupt officials already get paid from the country as their income and that amount is bigger than the other officials. But they still take the money that belongs to the country to themselves instead of taking care of the tax and distributing it to the right places.
The casino gives that money to corrupt officials as protection money from the tax officials that come to them.

That's normal for them because greed is what makes them going on. And once they've already gathered a lot of money from their corrupt activities, that's making them hard to stop because it's becoming a habit of theirs.

[Genemind]

Tax is the government income and it is what keeps the government operating. Gambling taxes contributes a lot to the government fund since there are a lot of gamblers who are addicted in casinos. The only problem is if the government is really using the funds properly as we know corruption is rampant.

[Fatunad]

Tax is the government income and it is what keeps the government operating. Gambling taxes contributes a lot to the government fund since there are a lot of gamblers who are addicted in casinos. The only problem is if the government is really using the funds properly as we know corruption is rampant.

There is indeed no wrong on using up taxes on particular sectors or industries on a certain country.It is just on how those funds would be used it well.

Not all countries does have those kind of leaders who are really willing on using up those funds for the good and not for the good of theirselves.

Asking out if it does really help? Of course taxes are lifeline of a country and it would really be useful it would be used on the right track,

[smyslov]

If the government is good and clean the taxes coming from gambling casinos will greatly benefit the country, but if it's not it's going to deprive its citizen, it's always good to pay taxes on governments that are not corrupt, you can be sure that many new roads, hospitals are going to be created, and they can support many livelihoods and they can pay government workers.

[Sithara007]

If the government is good and clean the taxes coming from gambling casinos will greatly benefit the country, but if it's not it's going to deprive its citizen, it's always good to pay taxes on governments that are not corrupt, you can be sure that many new roads, hospitals are going to be created, and they can support many livelihoods and they can pay government workers.

As long as the tax rates remain at reasonable levels, I don't have issues with taxation. But taxation always unfairly target physical casinos. Those that are operating online hardly ever pays any tax. In many cases, these casinos will be registered in off shore tax havens such as Aruba and Dominica, where the gambling industry is not taxed. So they manage to offer a low house advantage, when compared to physical casinos that need to pay a tax of up to 90% on their profits. And with each passing year, more people are opting for the online casinos.

[michellee]

I have been part of politics a bit of my life, been in some positions (very minor local stuff) and reached to a good level where I didn't have much power but I did had a chance to actually profit from it over everyone else (heard about some land getting the permit for a building way before anyone else, so I could have bought some plots and became super rich by now) and did not take it, I also got huge offers from other political parties to lead their parties local place in my town as well, that would have allowed me to retire before age of 40 if I took it, still did not take it.

I am not going to say I am a great person for not taking any of those deals, because when I didn't, I know someone else did, I actually know that they did, I know them in person, yet I know I am just not that great, why? Because I am happy financially so I didn't need to take it, I have a great job that I love doing and that is enough for me, I do not need to, but someone who is in financial distress? You would be 100% moron not to take those deals.

I see you can feel satisfied from what you already got and not taking the chance to having richer than others. That is a good attitude to works for the government and not chasing the money because you can get it without a problem. The more officials like you, the better the country will be. I appreciate of what you are doing so far and I hope many more like you can follow your step.

It needs a conciousness and aware that what we have is enough and we do not have to chase more because that can make us in a problem. Maybe we will not get that problem in shortly, but it will chase and haunt us in the future, so we better to think what will happen to our life because that can related to our family in the end.

That's normal for them because greed is what makes them going on. And once they've already gathered a lot of money from their corrupt activities, that's making them hard to stop because it's becoming a habit of theirs.

I see that is normal to them, but if they can think about what will going to happen to them and their family, I am sure they will not want doing that because they will in the danger situations in the future. Yes, greediness will be the part of that and it needs to say NO to join in the corrupt officials but that will hard to avoid it if we do not have a control for ourselves.

[KTChampions]

As long as the tax rates remain at reasonable levels, I don't have issues with taxation. But taxation always unfairly target physical casinos. Those that are operating online hardly ever pays any tax. In many cases, these casinos will be registered in off shore tax havens such as Aruba and Dominica, where the gambling industry is not taxed. So they manage to offer a low house advantage, when compared to physical casinos that need to pay a tax of up to 90% on their profits. And with each passing year, more people are opting for the online casinos.

As far as I know, large casinos that are network organizations in most cases are registered offshore, although they are physical casinos. Therefore, I would not divide the problem of taxation for online and offline casinos, in my opinion, it is only worth discussing the size of taxes and the audacity of companies that are trying to escape to offshore in order to pay meager taxes. 

[Woodie]

I think let's keep this tax talk to fiat casinos and sports books because having to apply taxes to every crypto platform will just bring in more confusion as not all countries have applied this as a statutory obligation and on my behalf I have not signed up for the tax,am better slapped with tax invasion.... guys let's not forget what the government does to prevent crypto from growing so am not signing up for this tax either .

[tabas]

That's normal for them because greed is what makes them going on. And once they've already gathered a lot of money from their corrupt activities, that's making them hard to stop because it's becoming a habit of theirs.

I see that is normal to them, but if they can think about what will going to happen to them and their family, I am sure they will not want doing that because they will in the danger situations in the future. Yes, greediness will be the part of that and it needs to say NO to join in the corrupt officials but that will hard to avoid it if we do not have a control for ourselves.

It's just all about the money and business. They don't think of what's near to them as long as they're aiming for the bigger bucks that they can take as they corrupt.
Well, in different countries it became their habit and even the citizens know, it's hard to prove it unless there's really someone who's going to fight for them.

[Mahanton]

That's normal for them because greed is what makes them going on. And once they've already gathered a lot of money from their corrupt activities, that's making them hard to stop because it's becoming a habit of theirs.

I see that is normal to them, but if they can think about what will going to happen to them and their family, I am sure they will not want doing that because they will in the danger situations in the future. Yes, greediness will be the part of that and it needs to say NO to join in the corrupt officials but that will hard to avoid it if we do not have a control for ourselves.

It's just all about the money and business. They don't think of what's near to them as long as they're aiming for the bigger bucks that they can take as they corrupt.
Well, in different countries it became their habit and even the citizens know, it's hard to prove it unless there's really someone who's going to fight for them.

Tend to disagree on some words because not all on aiming big does mean that that theyre corrupt.Of course they would really be aiming on something more beneficial for them which is on a bit common and we shouldn't really be that directly be judgemental that majority of the government in the world is corrupt.
There would be still into those who are really in concern into their governing vicinity and that's why they would really be mindful on things which
that could be possibly be taxed and would really be added up on the pot for those kind of usage which is understandable.

[tabas]

That's normal for them because greed is what makes them going on. And once they've already gathered a lot of money from their corrupt activities, that's making them hard to stop because it's becoming a habit of theirs.

I see that is normal to them, but if they can think about what will going to happen to them and their family, I am sure they will not want doing that because they will in the danger situations in the future. Yes, greediness will be the part of that and it needs to say NO to join in the corrupt officials but that will hard to avoid it if we do not have a control for ourselves.

It's just all about the money and business. They don't think of what's near to them as long as they're aiming for the bigger bucks that they can take as they corrupt.
Well, in different countries it became their habit and even the citizens know, it's hard to prove it unless there's really someone who's going to fight for them.

Tend to disagree on some words because not all on aiming big does mean that that theyre corrupt.Of course they would really be aiming on something more beneficial for them which is on a bit common and we shouldn't really be that directly be judgemental that majority of the government in the world is corrupt.
There would be still into those who are really in concern into their governing vicinity and that's why they would really be mindful on things which
that could be possibly be taxed and would really be added up on the pot for those kind of usage which is understandable.

I agree to you that not all of them are corrupt but I didn't say that all of them are.

We have to trust our goverment that our taxes goes on the right place and just think of paying taxes can help many people especially those who badly need it. Casinos are aware of this one and that's why they continue to work hard so they can be able to pay the necessary taxes, in many countries there's a huge tax on gambling activities and that's the law we should always follow. In my country there's also a huge taxes on cigarettes and liquor, this is to encourage the public not to take too much of it, same thing on the gambling addiction playing more means paying more taxes.

We're trusting them but there are some of them that don't do their job very well. As soon as they see how much money getting in from these taxes, you know that some of them are tempted to do the unnecessary.

[harizen]

We're trusting them but there are some of them that don't do their job very well. As soon as they see how much money getting in from these taxes, you know that some of them are tempted to do the unnecessary.

There is no perfect government after all. Even how dedicated the top officials to solve the problem of corruption, there is always a mole that won't be involved and will continue to do a dirty game.

For me, as long as I see that there's a good progress and development, I'm fine with that as it much worst that we don't see anything good as we pay tax.

To somehow lessen the activity of corruption, at least even by a small percentage, just vote on the officials that have a good track record and transparent to their assets and liabilities.