Tax Deductions From Gambling Business Karelia Demonstrate Stability

Home » Tax Deductions From Gambling Business Karelia Demonstrate Stability
January 17, 2022
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Revenues of the karelian budget amount to 26.6 billion rubles in 2018. Tax deductions from gambling business entrenched at the same level, despite the shortage announced earlier.

Tax Deductions From Gambling Business Karelia Demonstrate Stability

The deficitit of the karelian budget in november amounted to 103.1 million rubles. Of these, 100 thouusand. Rhodes karelia lost due to the fact that the taxes on the gambling business were approved only in the fall, and in force joined from january 1, 2019.

However, the situation was able to stabilize, and indicators of income from gambling activity remained at the level of 2017.

At the same time, the overall indicators of the republic demonstrate a growth trend by 32.3% comparated to 2017.

Earlier, we published information that local authorities adopted a draft law on increasing tax rates on gambling business. Read more about charging payments – under this reference.

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