Italian government introduces turnover tax until 2022

New tax aims to kickstart economic recovery of Italian sport following Covid-19

Italy’s government has greenlit a new 0.5% emergency tax on sports betting turnover until 2022, in another blow to Italian sports betting operators already hit hard by the coronavirus pandemic. The Decreto Rilancio, or Revival Decree, was passed by MPs in the Italian parliament at the weekend and will apply to all bets, both online…

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