GGR tax rate exemption

 jun23

None of Macau’s six gaming concessionaires have so far applied for a form of “exemption” from the full 40-percent tax rate on casino gross gaming revenue (GGR), as potentially applicable – under the new concession system – to gambling by foreign players.

That is according to Lei Wai Nong (pictured, centre), Secretary for Economy and Finance, in response to a question from a member of the city’s Legislative Assembly this week.

Secretary Lei confirmed that the six operators had established areas specially for gambling by foreigners, across an aggregate of 12 casino properties.

https://www.ggrasia.com/no-macau-op-yet-asked-ggr-tax-rate-exemption-govt/




Comments

Popular posts from this blog

RFID or smart chips (technology) smart gaming tables (AI)

Macau faces unprecedented challenges in transitioning from gaming industry – University study

If Macau’s annual GGR reached or exceeded MOP180 billion...