Globally, the taxability of the gaming industry falls within two conventional models the gross gaming revenue (GGR) and turnover tax. The GST Council’s recommendations combine the most onerous attributes of both the tax models of levy a higher tax rate in a turnover tax model setting to create an extremely unfavourable regime for the industry
The substantial increase in tax liability will result in the survival of only established and well entrenched skill gaming companies, say industry stakeholders.
Flutter Entertainment (OTCMKTS:PDYPY – Get Free Report) and Swire Pacific (OTCMKTS:SWRAY – Get Free Report) are both large-cap consumer staples companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, risk, valuation, dividends, earnings, profitability and institutional ownership. Volatility and Risk Flutter Entertainment has […]
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