16.05.2014 Views

Australia's Gambling Industries - Productivity Commission

Australia's Gambling Industries - Productivity Commission

Australia's Gambling Industries - Productivity Commission

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

Table M4: (continued)<br />

NSW VIC QLD WA SA TAS NT ACT<br />

Tax Rate: Regular Players: 20%<br />

of gross revenue from<br />

table gaming and<br />

22.5% of gross<br />

revenue from slots plus<br />

super tax on table<br />

revenue above<br />

$225.6m pa at 1% per<br />

each $5.64m to a<br />

maximum of 45%.<br />

<strong>Commission</strong> Players:<br />

10% of gross<br />

commission revenue,<br />

or $6m per annum,<br />

whichever is higher.<br />

Other state<br />

Charges:<br />

Community benefit<br />

levy of 2% of gross<br />

non-commission<br />

gaming revenue.<br />

Regular Players: 21.25%<br />

of gross gaming revenue<br />

plus super tax of 1% for<br />

each $20m of gross<br />

gaming revenue above<br />

$500m (CPI adjusted from<br />

1994) up to a maximum of<br />

20% on gross gaming<br />

revenue over $880m. The<br />

maximum total tax on<br />

marginal revenue is<br />

41.25%.<br />

<strong>Commission</strong> Players:<br />

9% plus a super tax (extra<br />

1% for every $20m) on<br />

gross gaming revenue<br />

above $160m (CPI<br />

adjusted from 1994). The<br />

max tax on gross gaming<br />

revenue ofver $380m is<br />

21.25%.<br />

1% of gross revenue<br />

(Community Benefit<br />

Levy).<br />

Regular Players:<br />

20% of gross revenue<br />

for Gold Coast and<br />

Brisbane casinos and<br />

10% of gross revenue<br />

for Townsville and<br />

Cairns casinos.<br />

<strong>Commission</strong><br />

Players: 10% of<br />

gross gaming<br />

revenue for Gold<br />

Coast and Brisbane<br />

casinos and 8% for<br />

Cairns and Townsville<br />

casinos.<br />

1% of gross revenue<br />

to Community Benefit<br />

Fund.<br />

15% of gross<br />

revenue.<br />

1% of gross revenue<br />

(or $1m, whichever is<br />

the greater) for<br />

upkeep of Burswood<br />

Park.<br />

Table games at<br />

10% of net<br />

gambling<br />

revenue, and<br />

gaming machines<br />

taxed at a single<br />

rate of 43.5% of<br />

net gambing<br />

revenue<br />

(equivalent to<br />

hotel EGM rate).<br />

Federal Hotels Ltd has<br />

exclusive rights to<br />

conduct casino<br />

operations and operate<br />

gaming machines in<br />

Tasmania. The tax is<br />

based on Federal<br />

Hotels’ total gross profit<br />

earned in a financial<br />

year.<br />

Poker machines:<br />

$35m – 35% of<br />

excess.<br />

Until 1999/2000<br />

government revenue<br />

from gaming machines<br />

in the casinos is<br />

guaranteed at a<br />

minimum of $21.4m.<br />

Keno and table gaming<br />

– 15% of gross<br />

revenue.<br />

Admirals Casino<br />

operates gaming on<br />

Bass Strait ferrys. Tax<br />

are levied on gross<br />

profits:<br />

17% for keno<br />

27% for gaming<br />

machines.<br />

General casino tax of<br />

8% of gross profit<br />

derived from all<br />

gaming other than<br />

gaming machines.<br />

EGM tax from July 97<br />

to Jun 99 at the rate<br />

of 17.5% on gross<br />

profit.<br />

Regular Players:<br />

20% of gross revenue<br />

<strong>Commission</strong><br />

Players: 10% of<br />

gross revenue

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!