The gaming tax will be set at 12% of each operator’s tax base – which is net income minus maintenance costs – and will be collected monthly. Maintenance taxes will be 2% of an operator’s monthly income. Sunat, Peru’s tax body, administers the tax.
Operators with the appropriate license will be allowed to offer bonuses for online gaming, as long as the bonuses cannot be exchanged for money.
For sports betting, operators must display a warning message on all platforms, which reads, “excessive online sports betting can cause pathological gambling.”
The legislation also allows remote sports betting rooms to be established, wherein players can place bets on sports games using betting terminals.
If this law is broken, a minor infraction could result in a warning, a fine of up to SOL200 (US$51.24), a licence disqualification of up to 10 years or a permanent disqualification.
Mincetur also has the power to impose precautionary measures on an operator, which include temporarily closing an establishment and confiscating assets.
Roberto Sanchez, the Secretary of Mincetur, outlined his support for the bill’s finalized tax arrangements, in which the Tourism Ministry anticipates generating the Peruvian government US$40m in new taxes generated.
Prior to Friday’s vote, Mincetur had made a market assessment that unlicensed operators “had taken more than US$1 billion in bets from Peru, without paying any form of taxes.”
This legislation will come into force 60 days after it is published in the official gazette, El Peruano.
Source: GMB / iGB
