Online Gambling Tax Ireland
DUBLIN (Reuters) - Ireland's stalled plan to tax online gambling will be further delayed into 2015, the country's finance minister said, offering bookmakers such as Paddy Power a longer grace period before the charge is levied. There is a big difference in taxation in terms of trading and recreational gambling. Let’s discuss if your gambling rewards are taxable in Ireland. It’s a given that your winnings from lotteries and sports betting are not subject to Ireland’s capital gains tax. It’s good news for gambling aficionados and casino enthusiasts.
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The Gambling Control Bill was approved by Government in July 2013. This Bill will, upon enactment, repeal all extant gaming and betting legislation, with the exception of that governing the National Lottery.
The General Scheme of the Bill is with the Office of the Parliamentary Counsel to the Government (OPC) awaiting drafting.
Betting Act 1931
The Betting (Amendment) Act 2015 was commenced on 15th April 2015. This legislation amends the Betting Act 1931 and provides for the licensing of remote (on-line) bookmakers and betting intermediaries for the first time.
Applications for certificates of personal fitness from remote operators, and terrestrial bookmakers not ordinarily resident in the State, are to be made to the Minister for Justice, following the placement of an advertisement in two daily, national newspapers. The advertisement and the application form are to be in a specified format. You can access these at the link below:
Terrestrial out of State Operators
Remote Operators
Applications for certificates of personal fitness from terrestrial bookmakers ordinarily resident in the State are to be made to a Superintendent of An Garda Síochána. The newspaper advertisement and application form for such operators can be accessed at the following link
Terrestrial Irish Operators
The application form in all instances details the information that is to be submitted in support of an application. It should be noted that an application will not be considered until such time as all such information has been received.
'relevant officer' of a corporate body is defined in section 1 of the 1931 Act as amended by section 2 of the 2015 Act. The first category of person who must apply for a certificate of personal fitness is he or she who exercises control (within the meaning of section 11 or 432 of the Taxes Consolidation Act 1997) in relation to the corporate body. In addition to such persons, corporate bodies may choose that an individual in either the second or third category of person as defined in section 1 applies for a certificate of personal fitness. The legislation does not require all three categories of person to be deemed a 'relevant officer'.
Gaming and Lotteries Act 1956
The Gaming and Lotteries Acts 1956–2003 allow some limited forms of gambling. This is in order to provide a controlled outlet for people who wish to gamble. It also provides a method of fund-raising for charitable, philanthropic and other socially desirable purposes.
The forms of gambling permitted under the 1956 Act are:
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- Lotteries (excluding lotteries covered by the National Lottery Act 2013, which is under the auspices of the Department of Public Expenditure and Reform)
- A very limited form of gaming ('gaming' means playing a game (either of skill or chance) for money.)
For more information on gaming and lotteries, see the Review of the Gaming and Lotteries Acts 1956-86 A copy of the 1956 Act is included in the review document.
The Gaming and Lotteries (Amendment) Act 2019, will come into effect on 1 December 2020. Information Notes for Gaming and Lotteries are available here: Information Notes for Gaming and Lotteries
Information notes for relevant licences and permits can be found here: Information Notes for Gaming and Lotteries
Online Gambling Tax Ireland 2020
Previous examinations of Ireland’s gambling laws
Casino Regulation Committee
The Casino Regulation Committee was set up in August 2006 and its report was published in July 2008 under the title Regulating Gaming In Ireland (PDF - 2.11MB)
Review of Gambling
A paper entitled Options for Regulating Gambling published in December, 2010, represented the culmination of a public consultation undertaken by the Department as part of an overall review of gambling in Ireland.
Online Gambling Tax Ireland Online
Charitable Lotteries Fund
The scheme has now ceased to operate.
According to RTE, Taoiseach Brian Cowen recently announced that the Government will be taxing online betting of all forms.
Legislation is to be brought in which will see the introduction of licenses for overseas betting providers in order for them to be permitted to sell their products in Ireland.
Cowen said, 'This will have the additional benefit of facilitating the extension of the tax regime for the betting industry to all those providing online and telephone betting and so underpin funding for the racing industry.
“Such betting must be brought within the tax net, not just because it will increase revenue, but also because it will mean that those currently not contributing to securing the future of important indigenous industries will now make that contribution.”
Online Gambling Tax Ireland 2019
Last year, Minister for Sport Martin Cullen threatened to ban online poker and gambling in Ireland if bookmakers did not pay more money to the Exchequer for the Horse and Greyhound Racing Fund. This tax alternative could now be seen by some as the lesser of two evils.