VATupdate

Bwin.Party Faces Higher VAT Rates After EU Reform

Bwin.Party, the world’s largest publicly traded online gambling firm, has confirmed forecasts that the value-added tax burden for its European operations will increase by EUR15m (USD17m) as a result of EU changes to value-added tax place of supply rules that entered into force from January 1, 2015.

via Bwin.Party Faces Higher VAT Rates After EU Reform.

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