Mr Green to contest Austrian tax liability

Tommy Trollborg Chairman – Mr Green & Co

Malta based igaming operator Mr Green & Co is set to challenge an Austrian tax liability of DEK 100 million (£8.5 million).

The operator’s Austrian tax challenge relates to 2011 tax laws which required all online casino operators to pay 40% on gross gaming revenues generated by Austrian players. The Austrian government imposed these tax requirements on all online casino operators regardless of operational jurisdiction.

Governance of Mr Green & Co believe that the online casino tax legislation fails to comply with Austrian constitutional legislations as well as EU directives.

Tommy Trollborg Chairman of the Board of Directors for Mr Green & Co commented on the tax liability

“We are contesting this liability to pay taxes, However, the implications of losing such a legal process are so far reaching that Mr Green has chosen to inform about the self-disclosure to the Austrian tax authorities,”

Mr Green & Co said it would welcome discussion with Austrian tax authorities with regards to its challenge.

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