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Author Topic: Does implementing a tax on a gambling platform really help a country?  (Read 1321 times)
tabas
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June 24, 2021, 10:22:55 PM
 #161

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.
It is true, I'm not pointing out that all of them are but there really are those that have been in the good governance and probably have changed their ways when they're able to see the uncleanliness inside their sectors.
That's where we're going, we can complain and look at those corrupt officials on their shadows and their return to the people is the progress that they give, although it's quite slow but that's it.

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June 24, 2021, 11:42:12 PM
 #162

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.
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.
Governments are corrupt and liars and I see no reason to trust the taxes are going to the right place just because they say it on their paid propaganda. Actually the only thing taxes help is the government itself being reelected through populist actions that involve distribution of free money to the people when the election is near. Not that there is any solution for this, because the sheep begs for this kind of politics, but I think people should be conscious of the facts.

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.
Probably it only encourages the population to buy clandestine cigarettes and liquors which are cheaper instead of stop smoking and drinking.

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June 25, 2021, 10:39:29 AM
 #163

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 .

I disagree. If there is no profit for the government, or, in the ideal case - country, nothing stops them from banning gambling platforms, and even persecuting those avoiding the ban. We may not want any form taxing of the gambling platforms, because it will surely impact us gamblers, most likely in the form higher house edges, but we have to be realistic: if there are no taxes - the governments will be always putting spokes in the wheel.

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June 25, 2021, 10:46:25 AM
 #164

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.

This is a good approach, but it doesn't guarantee anything. At a certain moment, the "elites" become impudent and simply spit on the opinion of the voters. Have you heard that Biden's son is going to sell his daub for a lot of money? Isn't this an open case of corruption?
In my opinion, the most effective way to reduce corruption is to reduce the amount of government in decision-making.

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June 25, 2021, 11:18:32 AM
 #165

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 .
And even if they manage to implement this and make work yet Gamblers will suffer because we are the one that will be paying this for the gambling operators .
that means the government is targeting gamblers and not the casino itself.









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June 25, 2021, 11:48:38 AM
 #166

If they are not helping the economy of a country where they are operating, then it's no use giving them license and permission, gambling casinos taxes are a big help to any country's economy they pay big taxes and they employ a lot of people, although they have bad effects for people the huge revenues from the taxes are big advantages for any country, they have to ignore the disadvantages.
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June 25, 2021, 11:52:37 AM
 #167

If they are not helping the economy of a country where they are operating, then it's no use giving them license and permission, gambling casinos taxes are a big help to any country's economy they pay big taxes and they employ a lot of people, although they have bad effects for people the huge revenues from the taxes are big advantages for any country, they have to ignore the disadvantages.

The government would not allow them to operate or give them a license if they believe there is a bad effect on the people. Using it as a general statement is wrong, because the reality is, it has only bad effects on irresponsible people.

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June 25, 2021, 07:01:48 PM
 #168

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.
Although that is about the money and business, I am sure the government will have clean officers who will not try to corrupt, especially if that money is related and for their people. Those corrupt officers need to get punishment if they are caught, and hopefully, the government can put them in jail for a long time. If one of those corrupt people can get caught, they can disassemble their organization and drag them out from their hiding place.



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June 25, 2021, 09:08:28 PM
 #169

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...

One country can be helped, benefited by gambling taxes in a virtual world only if it is able to master this technology. The right tools, the secure and precise system allow country with the needed accuracy to collect the fair percentage of taxes whithout harming any pocket.

Which countries governments are able to absorb and implant this technology?

Sometimes Countries prefer to keep their citizens gambling in disorder to take advantage with corruption!
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June 25, 2021, 09:27:09 PM
 #170

If they are not helping the economy of a country where they are operating, then it's no use giving them license and permission, gambling casinos taxes are a big help to any country's economy they pay big taxes and they employ a lot of people, although they have bad effects for people the huge revenues from the taxes are big advantages for any country, they have to ignore the disadvantages.
That's true, because after all the state has facilitated them by law, then taxes are a must that must be paid by gambling business owners...

Casinos that refuse to pay mandatory taxes are closed because of how much money they make every day, is paying a little tax impossible? the state needs tax money from them to be able to continue to manage the country.



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June 25, 2021, 09:28:07 PM
 #171

To have an idea of how much percentage the government should tax the gambling platforms avail to there nation, you ought to have an idea of there annual earnings and this is one thing most organisations or establishments are never truthful on.

On the notion of if, taxing gambling platforms is actually beneficial to the nation and its citizen, I'll answer by saying,

Is the idea of taxation actually beneficial to a nation?

If the answer to this question is YES! Then taxing gambling platforms makes no difference. What should be the major concern is, if the tax levied on the platforms are fair. Once its fair then, its all good.
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June 25, 2021, 10:42:04 PM
 #172

If they are not helping the economy of a country where they are operating, then it's no use giving them license and permission, gambling casinos taxes are a big help to any country's economy they pay big taxes and they employ a lot of people, although they have bad effects for people the huge revenues from the taxes are big advantages for any country, they have to ignore the disadvantages.
That's true, because after all the state has facilitated them by law, then taxes are a must that must be paid by gambling business owners...

Casinos that refuse to pay mandatory taxes are closed because of how much money they make every day, is paying a little tax impossible? the state needs tax money from them to be able to continue to manage the country.
To think that they arent only the business that had been asked out to pay something which means everything is fair and square on where you do really need to pay up as these things as part of obligation as a business and do comply with the regulation of said country.Everything would be taxed from small business to big business and there would be no exemption to that so whatever percentage had been set out by the government then as a business owner then you wont have any choice but to comply if you do like for your business to be still open.

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June 26, 2021, 09:58:20 AM
 #173

Tax really important in one country becaus ite the country can get more money to develop the country. Suppose the casino can give a big tax to the government. In that case, they can allocate the money to the important sector and build the country better. But I do not know about the percentage amount that the government can apply because that will depend on the casino income. I do not think that the government will use a high tax for one casino because it will make it difficult to pay the tax.
Implementing tax on Casinos will certainly help the country because of the income,but it won't really be a good Idea by the government because there is no job in the country,casinos should also be giving the privilege to operate without the government's interference.As you said,payment of the tax will still be a hard nut to crack.



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June 26, 2021, 10:04:47 AM
 #174

Implementing tax on Casinos will certainly help the country because of the income,but it won't really be a good Idea by the government because there is no job in the country,casinos should also be giving the privilege to operate without the government's interference.As you said,payment of the tax will still be a hard nut to crack.
In the country gambling is allowed, government will not interfere with anything, all the government ls are concerned about are taxes paid. Some country will need the gambling site to pay tax, there workers will also gain from the gambling site while they will also have to pay taxes, also some will require punters to also pay taxes, that is all what the governments are concerned about. There is nothing they will interfere with other than paying tax which will help to generate revenue.

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June 26, 2021, 12:37:29 PM
 #175

Tax really important in one country becaus ite the country can get more money to develop the country. Suppose the casino can give a big tax to the government. In that case, they can allocate the money to the important sector and build the country better. But I do not know about the percentage amount that the government can apply because that will depend on the casino income. I do not think that the government will use a high tax for one casino because it will make it difficult to pay the tax.
Implementing tax on Casinos will certainly help the country because of the income,but it won't really be a good Idea by the government because there is no job in the country,casinos should also be giving the privilege to operate without the government's interference.As you said,payment of the tax will still be a hard nut to crack.
The casino will still give the privilege to operate by the government but they need to follow and obey the regulation, including paying the tax. As long as the casino can follow and obey, the government will have no problem closing their business and the government will protect the casino. The casino needs to be honest related to their income to the government to verify and give their review that the casino can give a deduction for their taxes.



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June 26, 2021, 12:57:02 PM
 #176

In the country gambling is allowed, government will not interfere with anything, all the government ls are concerned about are taxes paid. Some country will need the gambling site to pay tax, there workers will also gain from the gambling site while they will also have to pay taxes, also some will require punters to also pay taxes, that is all what the governments are concerned about. There is nothing they will interfere with other than paying tax which will help to generate revenue.

I disagre!
The government also needs to be concerned and intervene in gambling to verify that the money entering it is not being used by criminals for money laundering.
It's also necessary to ensure that the population's economy is healthy and not being overspent in gambling, that can also lead the government to spend more on health care and financial aid for people who have fallen into gambling addiction.
Anyway, like any busines, it isn't enough for the government to just collect taxes, it's necessary to look after its population and ensure that this business is more helpful than ruining a country.

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June 26, 2021, 01:26:12 PM
 #177

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.
It base on the countryside because for such a country to innate such implementation of tax, i think they generate their revenue through tax, because am aware that some countries dont joke with tax and whenever you set up a business you most pay a tax to government in order to legalize your platform, their is nothing wrong with such policy rather for the gambling industry to accept the condition knowing that its government of the country rules and regulations, because looking at it in another way a country A and country B will not have the same terms and conditions.

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June 27, 2021, 07:11:37 AM
 #178

I disagre!
Do not disagree reality.

The government also needs to be concerned and intervene in gambling to verify that the money entering it is not being used by criminals for money laundering.
The money can be traced from non gambling source to gambling account, or to anyone's account that is not gambling related, it is just that government should not be given praise specifically about this, it is a general thing in the society which is not only gambling related.

It's also necessary to ensure that the population's economy is healthy and not being overspent in gambling, that can also lead the government to spend more on health care and financial aid for people who have fallen into gambling addiction.
Government do not care about this, there are many addicts now in prison, some committed suicides and so on of bad occurrences, but why the governments in such countries never banned the gambling sites? The government do not care about you.

Anyway, like any busines, it isn't enough for the government to just collect taxes, it's necessary to look after its population and ensure that this business is more helpful than ruining a country.
No matter what, gambling will be more helpful for the governments while citizens are losing money to gambling, nobody cares, no government that allow gambling cares.

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June 27, 2021, 12:11:04 PM
 #179


In the country gambling is allowed, government will not interfere with anything, all the government ls are concerned about are taxes paid. Some country will need the gambling site to pay tax, there workers will also gain from the gambling site while they will also have to pay taxes, also some will require punters to also pay taxes, that is all what the governments are concerned about. There is nothing they will interfere with other than paying tax which will help to generate revenue.

I believe that gambling businesses really help a lot to the economy of a certain nation because the tax that the said gambling institution is paying is what really matters. I mean that the government or the country will surely implement a gambling institution to pay tax in return for the legal operation of the said business and it was a requirement to pay tax. Nonetheless they would not legally operated or worst couldn't operate without the proper coordination with the government. 
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June 27, 2021, 03:27:38 PM
 #180


In the country gambling is allowed, government will not interfere with anything, all the government ls are concerned about are taxes paid. Some country will need the gambling site to pay tax, there workers will also gain from the gambling site while they will also have to pay taxes, also some will require punters to also pay taxes, that is all what the governments are concerned about. There is nothing they will interfere with other than paying tax which will help to generate revenue.

I believe that gambling businesses really help a lot to the economy of a certain nation because the tax that the said gambling institution is paying is what really matters. I mean that the government or the country will surely implement a gambling institution to pay tax in return for the legal operation of the said business and it was a requirement to pay tax. Nonetheless they would not legally operated or worst couldn't operate without the proper coordination with the government. 
I don't know if the gambling industry in a country is banned, I don't think the gambling business will pay taxes because they are standing illegally. Because for them to comply with taxes, at least the gambling industry must be legalized first, because with the legality of a business, of course it will have to do with complying with taxes. So if gambling is illegal in the country then of course, they will not pay taxes because even the local government forbids gambling business.

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