by Esteban van Goor
Tax advisor, Associate Tax
Baker & McKenzie Amsterdam N.V.
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On 31 March 2015 the European Commission published a Working paper related to the 1 January 2015 VAT changes for Electronic Supplied Services (“ESS”) and the impact of these changes for iGaming companies. The European Commission elaborates on two interesting topics in relation to iGaming and land-based services offered by e.g. casinos, i.e.:
1. the conditions and limitations of the VAT exemption for iGaming/land-based services throughout the EU;
2. Determining of the VAT taxable amount.
This Working paper does clarify certain important VAT issues, such as the calculation of the VAT taxable amount in case of B2C iGaming services rendered throughout the EU. Moreover, the European Commission gives clear examples, including examples in case of bonuses and rake back. The Working paper does however not cover the full list of possible EU VAT implications for the iGaming industry.
The positions described in the Working paper and other iGaming specific VAT related issues will be discussed during the GamingInHolland conference June 22/23 2015.