Mr Green in tax hassle with Austria
News on 6 Oct 2014
News on 6 Oct 2014
Online casino operator Mr Green and Co. is disputing an Austrian tax liability that may amount to SEK 100 million (GBP 8.59 Million) and has submitted a self-correction in accordance with Austrian Tax Law.
The dispute relates to the 2011 implementation of Austrian law that imposes a 40 percent tax on gross game win on sales originating in Austria through online casino operations.
The company has embarked on legal action saying: “We dispute the tax liability. But the consequence of a loss in the legal process is so extensive that Mr Green and Co. have chosen to provide information regarding implementation of a self-correction.”
Mr Green have several objections relating to the Austrian law saying “the law is deemed contrary to the constitutional law in Austria and is considered contrary to several EU directives”.
