https://www.taxtmi.com/news?id=25549 The Council deferred final determination on applying Goods and Services Tax to casinos, online gaming, horse racing and lottery pending further stakeholder consultation on the appropriate valuation mechanism. A Group of Ministers was instructed to reassess submissions on whether online gaming should be taxed on the full value of consideration, including entry fees, and whether GST should be levied on the full value of pooled bets in totalisators for race courses, with a report to the Council prior to reconvening. en-us Wed, 29 Jun 2022 18:06:19 +0530 Wed, 29 Jun 2022 18:06:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25549 The Council deferred final determination on applying Goods and Services Tax to casinos, online gaming, horse racing and lottery pending further stakeholder consultation on the appropriate valuation mechanism. A Group of Ministers was instructed to reassess submissions on whether online gaming should be taxed on the full value of consideration, including entry fees, and whether GST should be levied on the full value of pooled bets in totalisators for race courses, with a report to the Council prior to reconvening. News - Wed, 29 Jun 2022 18:06:19 +0530 https://www.taxtmi.com/news?id=25549