Gambling stakeholders in South Africa have been given one more month to respond to proposed tax hike amendments.
In November last year, a proposal was tabled to update the African nation’s tax regime by implementing a unified online gambling tax. The initial deadline for consultations was 30 January, but it has now been pushed back to 27 February.
A unified online gambling tax would mean an end to the current provincial-level licensing fragmentation that South Africa has in place. Gambling firms are taxed on a GGR basis, with amounts ranging from 6% to 20%.
Such a varied fragmentation has been previously criticised by local gambling stakeholders, who have been calling for a more stable structure that would better protect the market against illegal operators.
