Horseracing event cancelled in France due to tax protests

Horseracing events on 7 November have been cancelled in France, following industry strikes in protest of a proposed increase in betting taxes. Further, an additional demonstration has been scheduled in Paris on the afternoon of 7 November, following a discontented response to the proposed increase on gambling taxes as part of the 2025 budget, which specifically targets taxes on horseracing.

 

[gwolf666]

Horseracing events in France on November 7 were canceled due to industry strikes protesting a proposed increase in betting taxes, specifically targeting horseracing for the 2025 budget. A demonstration is also planned for later that afternoon in Paris, as the gambling sector expresses dissatisfaction with the government's proposed tax hike. This move has sparked widespread discontent within the industry.

 

[Qwert135]

The tax rates should be adjusted in such a way that the industry is able to work properly and able to collect revenue as well , they should also consider the betting companies as well so they are satisfied indeed as well actually indeed