Tax on winnings from online games: two-part charge applying a fixed-rate levy on net winnings and separate taxation. Tax on winnings from online games creates a two-part tax: a fixed-rate tax on net winnings computed as prescribed, plus tax on the assessee's remaining ... Summary
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Tax on winnings from online games: two-part charge applying a fixed-rate levy on net winnings and separate taxation.
Tax on winnings from online games creates a two-part tax: a fixed-rate tax on net winnings computed as prescribed, plus tax on the assessee's remaining income after reducing total income by those net winnings; definitions of "online game", "internet" and "computer resource" are supplied and the provision applies notwithstanding other Act provisions.
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