The European Commission has approved a French proposal for a parafiscal levy on online horse-race betting to finance horse-racing companies. The changes made to the proposal by the French authorities after the opening of the Commission investigation ensure fair competition between horse-race betting operators.

As part of the opening-up to competition of online horse-race betting, France notified the Commission of a proposal for a parafiscal levy of 8% on stakes from this betting in order to finance a service to improve the bloodline and promote horse‑breeding, which would be entrusted to horse‑racing companies. France considered this service to be a service of general economic interest (SGEI).

Press release No IP/13/568


Informatiesoort: Nieuws

Rubriek: Europees belastingrecht

H&I: Previews


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