With the Finance Ministry spearheading a significant investigation into the possible legalization of casino gaming, Thailand is taking a revolutionary step toward addressing the hotly contested issue of gambling legalization.
The analysis of casinos suggests taxing gross gaming revenue at a rate of 17%. If this were to happen, the tax regime would become one of the lowest in the region.
The licenses could be renewed every five years after their initial 20-year term.
Investments of at least $2.7 billion would be necessary for larger casino complexes.
The analysis of casinos suggests taxing gross gaming revenue at a rate of 17%. If this were to happen, the tax regime would become one of the lowest in the region.
The licenses could be renewed every five years after their initial 20-year term.
Investments of at least $2.7 billion would be necessary for larger casino complexes.