The Western Cape Government has tabled legislation that proposes an increase of the sin tax on casinos operating in the Western Cape.
MEC Alan Winde said the Western Cape 18th Gambling and Racing Amendment bill, 2013 seeks to increase the rate of tax payable by the holders of casino operator licenses by a 2 percentage point flat rate increase on each of the six tax bands.
MEC Winde said they have tabled a piece of legislation that will push up the different tax bands for the casinos by 2 percent and this will bring in another R25 million into the provinces.
This is money that will be used to improve service delivery to the citizens of our Province. This proposed flat tax is in effect a sin tax on casinos operating in our Province” Minister Winde explained.
Labels: Sin tax to be increased at Western Cape casinos