Playtech reaches Israel tax agreement

News on 2 Jan 2019

Playtech plc has reached agreement with Israeli tax authorities following a civil tax audit covering the 10 fiscal years 2008 to 2017.

Terms of the agreement include the payment of Euro 28 million in additional tax, waiving of further penalties and the amount covering the entirety of the Playtech group’s activity in Israel.

This additional tax charge will be reflected as an exceptional item in Playtech’s 2018 accounts and payment is expected to be made in the next 30 days.

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