Seimas up taxes for lotteries, gambling businesses – EN DELFI

December 24, 2021 by No Comments

As of July 2020, remote and land-based gambling and lottery businesses will have to pay a 20 percent tax rate and lottery companies will have to pay 18 percent in tac as of January, 2023.

The tax rate for gambling companies will be calculated based on their gross gambling revenue. And that for lotteries will be based on the nominal value of sold lottery tickets.

Currently, lottery organizers pay 5 percent from the value of sold tickets and also allocate another 8 percent directly to support receivers.

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