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Italian Senate committee reviews tax-delegation bill affecting gaming rules

Regulation

The Italian Senate’s Finance and Treasury Committee began reviewing a bill that would extend a deadline linked to the tax reform delegation, with the text due for Senate consideration on 6 August. The bill would revise the delegation criteria for gaming stake and prize limits and allow the government to set penalties covering public gaming more broadly. Committee chair Massimo Garavaglia said the extension was needed because work on the delegation for retail betting had fallen behind schedule.

The proposed changes could broaden the government’s authority over gaming limits and penalties.

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Italian parliamentary committee urges rewrite of gambling sponsorship tax rule

Italy’s Committee for Legislation recommended that a new tax provision on gambling-related sponsorship costs be incorporated into the consolidated income tax law, according to the report. The provision makes specified sponsorship or similar expenses non-deductible for income tax and IRAP when incurred by entities linked to licensed gambling operators that provide gaming information or odds-comparison services.

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