ROMANIAN OPERATORS FACE TAX HIKE

19th January, 2011 :: 08:21:27

Source: Casinos Online

Appeal on grounds of unconstitutional imposition fails

The attempt by the Romanian Gambling Association to head off a tax hike it claims was unconstitutional failed this week when the courts ruled it out of order.

According to reports in Mediafax, the government issued a decree in June 2009 arbitrarily setting the licence fee for casinos at 400,000 lei (around Euro 95 000) & raising the annual tax for each table in a casino to between RON200,000 to RON250,000 in Bucharest, & from RON100,000 to RON120,000 in the rest of the Eastern European country.

The decree also set an annual tax of RON8,000 for each slot-machine type device & a license fee of RON25,000 for slot-machine games, along with a tax of RON30,000 for each gambling hall hosting bingo games. The taxes are added to the upfront deposit paid to the State Treasury, representing 5 percent of the nominal value of cards bought from the National Printing House.

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