Gaming industry could supplement treasury with 100 million

WILLEMSTAD - In his dissertation yesterday in Parliament, Minister Kenneth Gijsbertha of Finance indicated that 100 million guilders is the amount that the government has structurally missed due to not charging the gaming industry. Parliament is debating the 2020/2021 budget in the Central Committee this week.

According to the minister, work is underway on the ABB (general spending tax) bill, which will also apply to the gaming industry. When asked by the Member of Parliament for the MAN party Elsa Rozendaal exactly how much money is involved, de Gijsbertha replied that it is expected to be around 361 million guilders per year, rising to 529 million guilders in 2024.

At this point, it is unknown how much revenue the government receives through this industry. The costs for master licenses have recently doubled to 20,000 guilders.

When the legislative change is introduced, sub-licensees will have to pay 1,000 to 7,500 guilders each month, which is equivalent to 90 million guilders per year. This is money that Curaçao would have missed so far and could well replenish the treasury.

 




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