New Posts For Thread: New exchange taxhttps://community.betfair.com/irish_sports/go/thread/view/94110/26672601/new-exchange-taxSECTION 46 - BETTING DUTYThe 1% betting duty will be extended to remote bookmakers taking bets from persons in Ireland.Betting Exchanges, in view of their different business model, will be made liable to a “bettingintermediary duty” at the rate oIf you spend lots of money betting and winning and betting again then all the extra tax you pay will get Ireland back on feet. Some quality casinos pooping up around these shores that need to be filled too.https://community.betfair.com/irish_sports/go/thread/view/94110/26672601/new-exchange-tax?post_id=482750117#482750117If you spend lots of money betting and winning and betting again then all the extra tax you pay will get Ireland back on feet. Some quality casinos pooping up around these shores that need to be filled too.Mon, 24 Jan 2011 18:04:36 -0600Will be four months at the earliest and that will depend if the new Government finishes off what the present one started..https://community.betfair.com/irish_sports/go/thread/view/94110/26672601/new-exchange-tax?post_id=482733097#482733097Will be four months at the earliest and that will depend if the new Government finishes off what the present one started..Mon, 24 Jan 2011 15:23:46 -0600any eventhttps://community.betfair.com/irish_sports/go/thread/view/94110/26672601/new-exchange-tax?post_id=482496793#482496793any eventSat, 22 Jan 2011 13:19:37 -0600Does that include poker?https://community.betfair.com/irish_sports/go/thread/view/94110/26672601/new-exchange-tax?post_id=482493669#482493669Does that include poker?Sat, 22 Jan 2011 12:45:26 -0600From what i heard from a good source it will apply any event that takes place in ireland,sporting or otherwise.https://community.betfair.com/irish_sports/go/thread/view/94110/26672601/new-exchange-tax?post_id=482487445#482487445From what i heard from a good source it will apply any event that takes place in ireland,sporting or otherwise.Sat, 22 Jan 2011 11:36:03 -0600Betfair will be delighted with this. I guess the big question is whether revenue from non sports betting activity is also included, or whether is solely confined to sports. They wont pass on any chanrge to customers.https://community.betfair.com/irish_sports/go/thread/view/94110/26672601/new-exchange-tax?post_id=482485433#482485433Betfair will be delighted with this. I guess the big question is whether revenue from non sports betting activity is also included, or whether is solely confined to sports. They wont pass on any chanrge to customers.Sat, 22 Jan 2011 11:13:01 -060015% on customer commission rates ranging from 2% through to 5% will cost BF 0.3%(2%) through to 0.75%(5%). God knows whether Premium Charges come under the "commission" banner. It's probable most commission is derived at the lower rates however, so ihttps://community.betfair.com/irish_sports/go/thread/view/94110/26672601/new-exchange-tax?post_id=482463493#48246349315% on customer commission rates ranging from 2% through to 5% will cost BF 0.3%(2%) through to 0.75%(5%). God knows whether Premium Charges come under the "commission" banner. It's probable most commission is derived at the lower rates however, so iSat, 22 Jan 2011 06:41:00 -0600Betfair do not make make a contribution already.They used to up to 2008 but their voluntary contribution in 2009 was refused by the HRI.I would be very confident it will not be passed on.https://community.betfair.com/irish_sports/go/thread/view/94110/26672601/new-exchange-tax?post_id=482458265#482458265Betfair do not make make a contribution already.They used to up to 2008 but their voluntary contribution in 2009 was refused by the HRI.I would be very confident it will not be passed on.Sat, 22 Jan 2011 05:22:18 -0600as bf make a contribution already i would think that this is intented to far exceed current revenue they collect.And as bf are not in the business of supporting guv. It will be passed on to customers.How they intent do police this is another matter .https://community.betfair.com/irish_sports/go/thread/view/94110/26672601/new-exchange-tax?post_id=482456605#482456605as bf make a contribution already i would think that this is intented to far exceed current revenue they collect.And as bf are not in the business of supporting guv. It will be passed on to customers.How they intent do police this is another matter .Sat, 22 Jan 2011 04:54:16 -0600Pass the buck businesshttps://community.betfair.com/irish_sports/go/thread/view/94110/26672601/new-exchange-tax?post_id=482455969#482455969Pass the buck businessSat, 22 Jan 2011 04:42:36 -0600