3% economic growth in September? - Explanation 11:32 - 31.10.2024 6481bc9c328c2 The World Bank has increased its growth forecast for Georgia's economy. 15:35 - 08.06.2023 National Bank "Maintaining the deficit at a neutral level is optimal" - NBG's conclusion on the 2025 budget 11:06 - 17.10.2024 Profit tax for gambling businesses to increase from January 1 Gambling games online casino Shota Tkeshelashvili 01.
01.25 19:31 • 7806 Starting in 2025, the level of taxes for online gambling companies will increase - this is provided for by the law adopted by manner in December 2024. According to the amendment, the profit tax for germany fax data companies that hold a license to operate online gambling will increase from the current 15% to 20%. According to the explanatory note to the initiative, this amendment will result in an additional 115 million GEL in the budget.
Gambling companies, and in particular those firms that provide gambling services to customers electronically, are taxed under a different profit tax regime than other sectors. Starting in 2022, they will be taxed not on distributed profits, but on 15% of their net gambling revenue (GGR), which is 15% of the difference between bets received and winnings paid out. The online casino sector will be taxed on this principle starting in 2022.
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