📜 Betting Tax Bill 2018
Assented toLABill 9510 October 2018
The Betting Tax Bill 2018 imposes a 15% tax on betting revenue for betting operators accepting bets from customers located in Western Australia. It complements the Betting Tax Assessment Bill 2018, which contains the substantive provisions for assessment and collection of the tax.
Impact
Betting operators licensed or authorized in Australia who accept bets from WA customers will be affected. This bill aims to generate revenue for the state through a point of consumption betting tax.
Key Changes
["Imposes a 15% betting tax rate.", "Introduces a point of consumption betting tax regime.", "Replaces the current wagering tax scheme."]
Parliamentary Progress
- LA IntroducedLA10 Oct 2018
- LA Second Reading MovedLA10 Oct 2018
- LA Consideration in DetailLA31 Oct 2018
- LA Third ReadingLA31 Oct 2018
- LA Second Reading AgreedLA31 Oct 2018
- LC Second Reading MovedLC1 Nov 2018
- LC Second Reading AgreedLC4 Dec 2018
- LC Third ReadingLC4 Dec 2018
- Royal Assent12 Dec 2018
Affected Sectors
financeother
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