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The total Gross Value Added (GVA) growth driven by the gambling industry in Malta increased by 7% in 2023.

The total Gross Value Added (GVA) growth driven by the gambling industry in Malta increased by 7% in 2023.

In 2023, the gambling industry accounted for 7% of Malta's Gross Value Added (GVA). This ratio remained consistent with 2022, marking a recovery from the early fluctuations caused by the COVID-19 pandemic. Over the past five years, the GVA of the gambling sector has grown by 25%, reaching approximat

25like·0comment2024-11-21
City of São Paulo defines new rules for issuing service invoices for bets

City of São Paulo defines new rules for issuing service invoices for bets

The Finance Department of the city of São Paulo has defined, through Normative Instruction 17/2024, the rules for issuing Electronic Service Invoices (NFS-e) by operators of sports betting and online games. According to the measure, sites may issue only one NFS-e per month, as opposed to the previou

28like·0comment2024-11-13

			Nigeria’s New Withholding Tax Regulations Set to Impact Gaming Sector

Nigeria’s New Withholding Tax Regulations Set to Impact Gaming Sector

The Federal Government of Nigeria has officially published the “Deduction of Tax at Source (Withholding) Regulations, 2024” (WHT Regulations) in the Federal Republic of Nigeria’s Official Gazette. These significant regulations, which were published on October 2nd, 2024, are poised to reshape the tax

0like·0comment2024-10-04

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