Greek newspaper Ethnos yesterday reported that all Greek gambling winnings, including poker, will be subject to a 10 percent tax from September 21.
The decision was made by the Ministry of Economy and Finances and the paper report strong opposition from the business community – even lottery wins over €1 will be subject to the levy.
The issue of taxation of gambling has been to the fore during the current recession with many governments desperate to raise revenue from lucrative sources.
Ladbrokes and William Hill recently announced their online businesses were “moving from the UK to Gibraltar due to lower tax rates”: Sept. 21 Will See All Greek Gambling Winnings, Including Poker, Taxed at 10 Percent.
