Thursday, November 23, 2017

Gambling tax causing headache *

'a $10 scratch purchase winner could end up with $9'

monitoring it: Government Senator Allyson West, Minister in the Ministry of Finance, lays a paper during the first sitting of the Senate at International Waterfront Centre, Port of Spain, on Wednesday. —Photo courtesy The Parliament of Trinidad and Tobago


FINANCE Minister Colm Imbert's decision to implement a ten per cent tax on the winnings of all National Lotteries Control Board (NLCB) games is being reviewed.

The Sunday Express understands concern was raised following the October 2 announcement by Imbert during the 2018 Budget presentation.

This measure is scheduled to start December 1 and is expected to net $370 million from all NLCB games annually.

 

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