Polish President Karol Nawrocki vetoed the amendments to the "Public Health Law" and "Personal Income Tax Law", refusing to raise the gambling winnings tax rate from 10% to 15%, stating that this move would increase the financial burden on the public. Related European gambling tax rate adjustments can be queried through the PASA official website.
Veto Core: Tax Reform is Actually to Fill the Fiscal Deficit
The government's initial intention of this tax reform was said to be for public health, but the president saw it clearly! He explicitly stated on December 18 that the essence of the amendment was to fill a huge fiscal deficit of 240 billion zlotys (about 6.48 billion USD), not really to promote public health. The president emphasized that he had already committed in the "21 Plan" not to sign any laws that would increase the tax burden on the public.
Industry Reaction: Appreciation for Regulatory Stability, Caution Against the Grey Market
This move really spoke to the heart of the industry! Industry experts widely support the president's decision. Lawyer Marek Prota stated that maintaining the current tax rate allows licensed gambling products to remain competitive, reducing the incentive for players to turn to the grey market, and helping to guide market objectives. Currently, there are over 50,000 illegal gambling domain names on the Polish Ministry of Finance's blacklist, and the risks of the illegal market cannot be ignored.
Market Background: Single Legal Online Casino, Strict Crackdown on Illegal Promotion
The structure of Poland's gambling market is quite unique! Sports betting is open to private operators, but only the state-owned Totalizator Sportowy is legal for online casinos. Recently, Poland has also cracked down heavily on influencers promoting illegal gambling and related payment service providers, while stabilizing the legal market tax rate is particularly important amidst the crackdown on the illegal market.
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This article is from "PASA-Global iGaming Leader" gambling industry news channel:https://t.me/pasa_news
Original in-depth gambling channel:https://t.me/gamblingdeep
Free data reports: @pasa_research
PASA Matrix: @pasa002_bot
PASA official website: https://www.pasa.news
