Parliament has officially approved the repeal of the betting tax on gaming and lottery following a vote on Wednesday, March 26, 2025. Speaking on the floor of Parliament, the Minister of Finance ...
Black Stars captain Jordan Ayew has chosen Dancehall artiste Charles Nii Armah, well known as Shatta Wale, as his favorite Ghanaian musician. He explained that Wale is someone he has been admiring ...
Parliament has passed the Income Tax (Amendment) Bill, which abolishes the controversial betting tax. The bill will now be forwarded to President John Mahama’s desk for assent. The betting tax ...
In January, Moore had suggested doubling the tax rate on Maryland’s sports betting sites, bumping it up from 15% to 30%. But with this new budget deal, it appears that they’re pulling back ...
Betting was the top performer among all tax heads in terms of contribution targets in the eight months to February 2025,. The Kenya Revenue Authority (KRA) collected Sh12.47 billion in taxes from ...
In his address, he stated, “The elimination of the 10% betting tax and the e-levy tax is certainly one of the positive aspects of the 2025 budget.” He explained that the NPP had intended to ...
Therefore, the bill was not only removing withholding tax on bet winnings but also on gaming and game of chance. “The NDC manifesto promised to remove betting tax which is a sub-component of the ...
They had projected tax revenues could reach $100 million annually within five years. The calculation is based on the law's 18% rate upon gross wagering revenue, which is essentially betting ...
Reporting in Washington, I'm Amy Lou. Tax season is here, and understanding how selling items online, side gigs, and gambling winnings affect your taxes is crucial.We asked Phyllis Jo Kubey ...