Online gambler recover from pandemic how? The last time i checked physical gamblers and online gamblers spent more time gambling online and the pandemic doesn't by any chance stop them from playing every single day though i understand the tax will somehow affect some online player the country in the subject badly need some fund to save the country economy and the increased in tax fee will only hurt the gamblers but won't stop their interest in an online game of chance.
If anyone is affected by this tax then they can always move to cryptocurrency based gambling sites, it is a fact that the government increased the tax because of the economic slowdown due to the pandemic but as a player you can be smart to overcome these extra money you need to shell out and there is nothing that the government can do about it.
Yes they can move in cryptocurrency based gambling site, from here government has nothing to do to increase the taxes due to the fact that government has no control in crypto. Which in fact many gambling sites today were now i guess can already figured out the importance of using cryptocurrency as a base payments or payouts to their player. Can't resist the fact that due to pandemic, economic growth goes down and no other source of resource fund but the taxes that's why they taking the advantage of adding taxes.
Yes, the government have no control over cryptocurrency due to its decentralization but they can completely control both online and offline gambling sites that operate within there region with the inclusion crypto integration gambling site except the crypto that is done through privacy coins. However, operating against the rules and regulations of the country will only lead to disasters and there's nothing bad in the wealthy citizens with good earning business helping the country through their tax payment.
Online gambler recover from pandemic how? The last time i checked physical gamblers and online gamblers spent more time gambling online and the pandemic doesn't by any chance stop them from playing every single day though i understand the tax will somehow affect some online player the country in the subject badly need some fund to save the country economy and the increased in tax fee will only hurt the gamblers but won't stop their interest in an online game of chance.
If anyone is affected by this tax then they can always move to cryptocurrency based gambling sites, it is a fact that the government increased the tax because of the economic slowdown due to the pandemic but as a player you can be smart to overcome these extra money you need to shell out and there is nothing that the government can do about it.
Yes they can move in cryptocurrency based gambling site, from here government has nothing to do to increase the taxes due to the fact that government has no control in crypto. Which in fact many gambling sites today were now i guess can already figured out the importance of using cryptocurrency as a base payments or payouts to their player. Can't resist the fact that due to pandemic, economic growth goes down and no other source of resource fund but the taxes that's why they taking the advantage of adding taxes.
Do they evaluate this kind of tax implementation through adding taxes was based on a standard business taxable income? If not I guess that's not fair to a gambling institution, since they're also into competition with other business who's running gambling. Though gambling using cryptocurrency currency was in demand by most online players, they shouldn't take advantage of that specially during a situation of a pandemic.
First of all, the pandemic situation didn't affect the online cryptocurrency gambling site and the last time i vhecked it only boost the business and with a country like Argentina where 98% of their people are sports enthusiasts competition within the gambling company won't affect every gambling site. However, the tax was increased from 2% to 5% because the country needs fund and the gambling industry was not regulated before and some gambling used it to their advantage.
Meanwhile, the man in charge of the tax increase stated the fund will be used to help the country especially the province where the gambling site operated in other to create more jobs and opportunities.
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