Seanad debates

Wednesday, 5 December 2018

Finance Bill 2018: Committee Stage

 

10:30 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

In response to Senator Lawlor, I would like to clarify that there are two strands to this increase. The 1% is going to 2% but the 15% for online terminal betting is increasing to 25%. The Minister for Finance is clear that the sector can contribute more in taxes. Subsequent to the budget, the industry came forward with an alternative, the gross tax model, which we will review. The Minister gave a commitment on Report Stage in the Dáil to allow interaction between the industry and officials from the Department of Finance, and I reaffirm that.

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