Signing an ‘emergency decree’ late on Sunday, Prime Minister Giuseppe Conte enforced a further national lockdown in Italy, seeking to avoid a further wave of the COVID-19 pandemic devastating Italy’s emergency services. Sanctioning a raft of lockdown orders, the Italian government pointed to a sharp rise in new infections which had reached 25,000 daily by Wednesday of last week, with …
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Italian nightmare continues as MPs approve new turnover tax
To the dismay of licensed incumbents, Italy’s parliament has approved the introduction of an emergency ‘turnover tax’ on betting and virtual sports wagers. The publishing of last week’s state gazette confirmed that MPs had backed amendments introducing a new ‘temporary’ 0.5% turnover tax across all betting-related verticals – online, retail and virtual sports content. The turnover tax is introduced as …
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