Taxes for the National Lottery
04/07/2012 00:00
Linda Rama: Between Family, Work and Albania’s Future 18/08 14:30
The claims of the Albanian government that they will compensate the low
price of the National Lottery by placing high taxes on the winning
company are put in question, if they are compared with the taxes of
gambling games in other countries.
The government says that besides the usual taxes, the company that will win the National Lottery will pay an additional 10% on the turnover. But what taxes does this activity pay in other countries? The Irish government, which is planning to hold a tender for the National Lottery license, has that the winner must pay a 30% tax in the state. In Southern Africa, the company that owns the license of the National Lottery pays 35%, while in Austria the number goes to 15%, and the license is still a state monopoly, but was given to the private operator only for the administration part.
In Malta, where the tender has jus been held, the winning company will have to pay 20%.
The comparisons show that Albania is offering other privileges to the company that will win the National Lottery license, not only with the price, but also with taxes. Ireland, a state with 4.4 million residents, is expected to sell the National Lottery license fro, 400 to 600 million EUR.
The Greek government sold the license for 400 million EUR, only for ten years, while the winning company in Turkey paid 2 billion years. Malta, a country with only 400.000 residents, will sell the lottery with 39 million EUR. Albania, a country with 2.8 million residents, according to the recent census, is selling the license with a symbolic price of 3.5 million EUR.
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