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Chile Senate finance committee backs online gambling bill with 19% VAT

Regulation

Chile’s Senate Finance Committee unanimously backed an online gambling and betting bill, which now goes to a Senate vote. The proposal includes 19% VAT and responsible-gambling measures; if approved, it will proceed to amendments before further committee review. Deputy Finance Minister Heidi Berner said the total tax burden would not exceed 28%.

The bill could establish tax and player-protection requirements for online gambling operators in Chile.

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Regulation

Chile senators propose restricting or banning private online gambling

Chile’s government submitted amendments proposing a regulated private gambling market, while senators advanced competing proposals to restrict or prohibit private online gambling, according to a report. The government plan includes five-year licences, a 19% VAT on the difference between stakes and winnings, and an additional 3% gambling tax. The proposals remain under Senate consideration.

Chile's Senate is considering competing proposals on online gambling, with President José Antonio Kast's government backing a regulated private market while senators have put forward measures to restrict or prohibit private operators. The proposals remain under Senate consideration, according to a report.

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