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Panama proposes extending tax relief through July 2021

Regulation

Source: Junta de Control de Juegos (Panama)

Panama's finance vice-minister Jorge Luis Almengor presented a tax-relief extension bill to the National Assembly on 1 March 2021, the Ministry of Economy and Finance said. The proposal would extend certain payment arrangements to 31 July 2021 and waive 85% of interest, surcharges and penalties on overdue taxes, alongside other tax measures.

The proposed tax terms could affect gambling companies operating in Panama if they qualify as taxpayers.

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Italy’s 2027 budget bill proposes extending betting concessions to 2029

A UIL memorandum to parliamentary budget committees says Article 26 of Italy’s 2027 budget bill would extend some betting and gaming-machine concessions through 31 December 2029 and add a fifth weekly Lotto and SuperEnalotto draw. UIL says more than €40.5m a year is planned for addiction services from 2027, but argues the bill lacks targeted measures to prevent gambling-related harm.

Italy's 2027 budget bill would extend some betting and gaming-machine concessions until 31 December 2029 pending sector reform and introduce a fifth weekly draw for Lotto and SuperEnalotto, according to a UIL memorandum to the parliamentary budget committees.

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