Italy’s Supreme Court allows CTD betting collections to underpin tax assessments
Italy’s Supreme Court has ruled that an assessment of single betting tax can provide evidence for later VAT and direct-tax assessments involving a data transmission centre (CTD). It said amounts collected by a CTD operator may count as business revenue if the operator cannot show they were transferred to the bookmaker; the case concerned tax year 2013.
The ruling affects how CTD operators may need to substantiate the transfer of betting collections when contesting tax assessments.