Tax & Spend
South Africa Weighs 20% Tax on Online Gambling to Curb Risks
Customers wait in line to place bets at a betting store in the Brixton district of Johannesburg.
Photographer: Leon Sadiki/BloombergSouth Africa is considering imposing a 20% tax on online gambling to curb its rapid growth and address related social harms.
“Due to the surge in online gambling and its impact on society, it is proposed that a 20% tax is applied on gross gambling revenue from online betting, including interactive gambling” the National Treasury said in its discussion paper published on Tuesday.