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/
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