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GLOBAL: Main takeaways from our “Global TV Production and Co-Production incentives webinar”

The TV industry is a global business set to be worth more than $400BN by 2020, with predicted year-on-year growth of 4.7%. As incentive programs are becoming increasingly important across the industry, we hosted a “TV...more

China – Guidelines for Developing Sports into RMB-5-trillion-per-annum Sector – Tax Cuts for High-tech Sports Enterprises

Yesterday (20 October 2014), as part of its agenda for boosting employment, domestic consumption and other areas of the Chinese economy, China’s Cabinet, the State Council, issued new guidelines ?2014?(the “Guidelines“) to...more

Can Different Rates Of Duty Apply To Different Forms Of Gaming? - European Court allows different tax rates for land-based and...

On 26 September, the General Court of the European Union handed down two judgments dismissing the appeals of Dansk Automat Brancheforening ("DAB") and Royal Scandanavian Casino Århus against a European Commission decision of...more

Sports, Media and Entertainment Intelligence - October 2014 (Global)

BROADCASTING - France: French legislation on evening advertising on public channels: should we expect another shift in policy? - The main French public service broadcaster, France Télévisions, is calling for lift of...more

ICSID tribunal refuses to allow state to recommence criminal investigation that would disrupt arbitration proceedings

In Lao Holdings NV v The Lao People's Democratic Republic, an ICSID tribunal (constituted to resolve Holdings' bilateral investment treaty (BIT) claim against Laos) recently dismissed an application by Laos to modify a...more

UK: Government publishes gambling duty registration information

The Government has published The General Betting, Pool Betting and Remote Gaming Duties (Registration, Records and Agents) Regulations 2014....more

No UK corporation tax deduction for penalty imposed under the code of the Fédération Internationale de l'Automobile ("FIA")

In an appeal by HMRC against a decision of the First-tier Tribunal ("FTT"), the Upper Tribunal (Tax and Chancery Chamber) ("UT") decided that a penalty imposed on McLaren Racing Limited ("McLaren") in respect of a breach of...more

Tariffpalooza 2014

Summer 2014. The living is easy; the Copyright Board is certifying tariffs at a furious pace. As we noted back in May 2014 (Towards Certainty on Webcasting – Re:Sound Tariff 8 Certified), the Board certified Re:Sound...more

Film Tax Incentives in Latin America

Distribution of audiovisual content is blooming at a very fast pace, and while the consumer is still demanding for more new content, producers are struggling with this new competitive era. While appetite for content is at its...more

Online Poker Players Beware

I thought we had reached the end of our FBAR streak, but not yet. In a Federal District Court case opinion released last week, the Northern District of California ruled that a U.S. online gambler was obligated to report his...more

UK / China co-production treaty signed

Yesterday, UK Culture Minister Ed Vaizey and Chinese Vice Minister Tong Gang of the State Administration of Radio, Film & Television, signed the long-awaited UK / China co-production treaty....more

Sport, Media, and Entertainment Intelligence - April 2014

Spanish Supreme Court orders Le Monde to pay damages to Real Madrid and FC Barcelona - The Spanish Supreme Court has ordered French daily newspaper Le Monde to pay damages of €300,000 to Real Madrid and €15,000 to FC...more

Video games tax credit finally receives state aid approval

The European Commission has finally given the green light to the proposed UK video games tax credit which will now come into effect from 1 April 2014....more

UK Budget 2014 – more good news for the creative industries

In yesterday’s Budget, George Osborne confirmed that the European Commission has approved the proposed extension of the UK film tax credit announced in his 2013 Autumn Statement. The changes are due to take effect from April...more

UK: Budget 2014 – changes announced to gambling duties; Levy consultation announced

The Chancellor of the Exchequer gave his Budget speech today. Gaming duty revalorisation – The government will increase gaming duty bands in line with RPI for accounting periods starting on or after 1 April 2014....more

Bulgaria Adopts New Gambling Tax Regime

Bulgaria has a new gambling taxation regime effective January 1, 2014, which, together with the reasonable and balanced regulations currently in place, makes the country attractive for local licensing and gambling operations...more

Law À La Mode - Issue 12 – Winter 2013/14 (Global)

In This Issue: - Mandatory Employment Of Women In Retail Stores In Saudi Arabia: Key points for complying with the new requirements for retailers to employ women in female-oriented stores - No Logo Required:...more

European Commission approves the continuation of Hungarian Film Support Schemes until December 2019

The European Commission approved with its resolution as of 16 July 2008 the Hungarian film support schemes until 31 December 2013. Under this scheme a tax payer who provides support for film production which complies with...more

European Parliament Report on Online Gambling

The European Parliament today published its Report on online gambling in the internal market calling for a balanced and EU compliant approach when regulating the market. The European Parliament Resolution contains more...more

12 months gaming ban, is it a joke?

The Italian gaming market has suffered a period of high tension today when the Italian Parliament has approved a motion instructing the Goverment to urgently ban for 12 months both online gaming and land-based gaming systems...more

All-in August (Global)

Top gambling regulatory developments in August. Australia - With Australia’s federal election set to be held on 7 September 2013 and press reports claiming that leader of the Opposition, Tony Abbott, will...more

UK: Gambling Duties

A number of clients and contacts continue to ask how remote gaming duty and general betting duty are currently calculated, as the industry prepares itself for the point of consumption tax regime ("POCT")....more

Nonresident Alien Gamblers Catch A Break

Nonresident alien gamblers that gamble recreationally in the U.S. have a substantial disadvantage vis-à-vis residents – they cannot offset their losses against their gains in determining gains subject to tax....more

Poker liquidity sharing in Europe closer?

Italian, French, German, Portuguese, UK and Spanish gambling regulators met in Lisbon at the beginning of the month and more recently issued interesting statements at the World Gaming Executive Summit 2013 that might lead to...more

US: Foreign Gamblers Now To Receive Equal Tax Treatment

On Tuesday, July 9, the United States Court of Appeals for the District of Columbia Circuit handed down a ruling that interprets Section 871 of the Tax Code in a manner more favorable to foreign gamblers. ...more

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