Netherlands may hike gambling tax to 37.8%

Thursday, May 16, 2024 8:07 PM
  • Suswati Basu, ReadWrite

A coalition agreement between four political parties in the Netherlands may raise the gambling tax to more than 35 per cent.

According to the Netherlands-based news agency CasinoNieuws.nl, the budgetary appendix of the coalition agreement proposes an increase in the gambling tax in the country from 30.5 per cent to 37.8 per cent, depending on the agreement’s implementation. The increase would take effect from 2025.

This adjustment would bring an additional €202 million ($219.6 million) annually for the state treasury. The political parties involved in the agreement are the Party for Freedom (PVV), the People’s Party for Freedom and Democracy (VVD), the New Social Contract (NSC), and the Farmer–Citizen Movement (BBB).