Delta Corp says Supreme Court GST method supports its tax position
Delta Corp said its understanding of the Supreme Court’s GST calculation would base tax on amounts received for chips sold to players, rather than the gross value of bets. The company said it had used this method since October 2023 and believed it could apply retrospectively from July 2017 to September 2023; it noted its understanding was based on limited information about the court’s pronouncement.
Delta Corp’s stated tax interpretation could shape its tax exposure, though it relies on limited information about the court’s pronouncement.