Romania Reduces Online Poker Tax

Romania Reduces Online Poker Tax

Thursday, 8 January 2015

Romanian poker players were given a reprieve earlier this week after it was announced that the government's taxation policies would be changed.

After regulating the online game back in 2012, the Romanian government has been criticised for creating a system that's too harsh on both players and operators.

However, thanks to pressure from both groups, as well as the EU Commission, it's been ruled that the 25% tax rate will now only apply to poker winnings of €100,000+.

This reduction will come as a pleasant surprise to many who feared it would be another tough year trying to make a few Euros at the felt. In fact, not only will the top rate of tax be reserved for the biggest winners, but rates will now be set by a sliding scale starting at just 1%.

As well as making things more attractive for players, Romania is also adjusting its licensing procedure by reducing fees and making it easier for operators to apply for a permit.

Overall, while some countries seem to be stalling when it comes to online poker reform, Romania seems to be actively working to improve its services and make the economy more lucrative for everyone.

Tags: Romania, regulation