Tax Burnout: Fallout 4 the Gaming Industry
In this article the author analyses the recent decision of The Goods and Services Tax Council to impose a 28% tax on all online gaming funds, treating games of chance and skill similarly, which has sparked industry outrage. This move overlooks legal distinctions, conflicts with prior regulations and global tax norms, and threatens the gaming industry’s viability. It highlights the clash between revenue objectives and gaming’s societal impact. The Council plans to reassess its decision in six months. Continue reading Tax Burnout: Fallout 4 the Gaming Industry
