We are pleased to announce “iGaming Headlines – The Malta Seminar on German Tax and Regulation” which will be held on 27 July 2015 from 2.00 to 6.00 pm at The Westin Dragonara Resort, Malta. The event is being organised by Melchers, our correspondent firm in Germany and our partner in the Alliance of Law Firms and Ally Law.
The seminar will cover the most recent tax developments by German fiscal authorities on sports betting and online casino operators operating in Malta.
Until now, German fiscal authorities appeared to refrain from taking action against sports betting and online casino operators who did not declare their taxes. Yet, German fiscal authorities are now starting to reach out to Maltese operators requesting information on their sports betting operations by referring to the operator’s tax obligation under German law.
Thus, it is likely that a number of Maltese-licensed iGaming operators may be adversely affected by this change of policy if they do not take action now, especially since fiscal authorities will soon reach out not only to sports betting operators but also to online casino operators. Tax evasion is considered a serious criminal offence in Germany and could have severe personal consequences for individuals, i.e. imprisonment or large monetary fines.
In light of these most recent developments, this event is aimed at informing Maltese-licensed operators about their tax obligations under German law, strategies on how to deal with the sensitive issue of taxation and tax enforcement and about the general regulatory landscape in Germany and potential future developments.
The event is free-to-attend. However, registration for the event is required by 20 July 2015 due to limited seating capacity at the venue. There may be up to three registrations per company/firm and participation is guaranteed for the first 60 registrants. To register please click here and for more information please see the brochure here.