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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

Italian online gaming licenses – Updated FAQs!

Online gaming has considerably changed during the last 3 years and therefore I decided to publish an updated version of the FAQs on the regime applicable to Italian online gaming licenses. ...more

Photographers Owe Sales Tax on All Charges Other than Retainer

On September 8, the Alabama Department of Revenue’s Administrative Law Division (the “ALD”) issued a ruling that will likely send shock waves to photographers across the state, and if not successfully appealed or if applied...more

Three Point Shot

Female Football Player Throws Flag at LFL over Bare Wages - The three-year championship run of the Los Angeles Temptation was snapped in 2013 when the upstart Chicago Bliss, led by the quarterback and two-time league...more

Bear Down: In a Preseason Loss to Cook County’s Poor Play, the Appellate Court Finds Chicago Bears Ticket Holder Amenities Taxable

The First District of the Illinois Appellate Court, in Chicago Bears Football Club v. Cook County Department of Revenue, 2014 IL App (1st) 122892 (Aug. 6, 2014), has affirmed an administrative determination finding the...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

Tennessee – 2014 Legislative Highlights

Effective January 1, 2015, the method of issuing tax assessments and the informal conference process available to taxpayers will be revamped. 2014 Tenn. Pub. Acts 854. Touted as being more taxpayer-friendly, the two most...more

Interactive Gaming Incentives in the United States

There’s been a lot of press about places that are unfriendly to gamers or game developers. Authorities in various jurisdictions have attempted to address issues of violence, sex, and gambling, either resident in or allegedly...more

Pennsylvania Tax Developments - A Reed Smith Quarterly Update: May 2014

This is a brief update on recent Pennsylvania tax developments. For more information on any of these developments, contact one of the authors or the Reed Smith State Tax attorney with whom you usually work....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

Massachusetts Tax Developments - A Reed Smith Quarterly Update (4th Quarter 2013)

Welcome to the latest Reed Smith Massachusetts State Tax Quarterly Update. In this update, we’ll take a look back to the developments from the last quarter of 2013, and look ahead to some percolating issues at the Appellate...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

Outline of conference Sports betting crisis in Italy – how to reverse the decline?

As mentioned, DLA Piper held yesterday an interesting seminar in Rome named “Sports betting crisis in Italy – how to reverse the decline?” which was very well attended by most of the sportsbetting operators within the Italian...more

Detroit Casinos’ September Revenues Decrease From Same Month Last Year

The Michigan Gaming Control Board (“MGCB”) released the revenue and wagering tax data for September 2013 for the three Detroit, Michigan commercial casinos. The three Detroit commercial casinos posted a collective 6.8%...more

Portugal: Announcement of Online Gambling Market Legalization

On 3 October 2013, and as a result of the country´s evaluation meeting with Troika, the Portuguese Government announced that it will legalize the online gambling market, in order to increase tax revenues....more

Where is the Italian sportsbetting market heading to?

The approval of Italian sportsbetting regulations allowing the offering of bets and events not included in the official schedule issued by the regulator (the so called “palinsesto ufficiale”) had been by operators as a...more

Gaming Legal News - September 2013 • Volume 6, Number 19

In This Issue: - WILL GAMING EXPANSION IN NEIGHBORING OHIO “SPUR” KENTUCKY TO STOP “HORSING AROUND” ON THE ISSUE? Well before Governor Beshear took office in 2008, the Commonwealth of Kentucky had been...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

Gaming Legal News - August 27, 2013 • Volume 6, Number 18

In This Issue: - “RESERVATION SHOPPING” CIRCA 2013: The term “reservation shopping” has been coined by various anticasino groups, some local governments, and even some gaming tribes to disparage efforts of...more

€ 2.5 bn fines for VLT operators settled?

€ 2.5 bn aggregate fines issued against Italian videolottery operators are likely to be settled with the payment of around € 600 M according to recent statements from the Italian Government....more

UK: Government publishes responses to POC tax consultation

In the 2012 Budget, the UK government announced its intention to tax remote gambling on a point of consumption basis. A consultation ran from 5 April 2012 until 28 June 2012 whereby operators, suppliers and other interested...more

Does A Radio Station Have Goodwill?

A recent Claims Court case addressed whether a radio station's assets include goodwill....more

HMRC’s guide for the creative industries

This week HM Revenue & Customs has published a brief guide detailing the UK’s corporation tax reliefs for the creative industries. The guide gives an overview of the four different types of relief, explains the eligibility...more

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