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02.2023 Profit tax for gambling businesses to increase from January 1 Gambling games online casino Shota Tkeshelashvili 01.01.25 19:31 • 7806 Starting in 2025, the level of taxes for online gambling companies will canada business fax list increase - this is provided for by the law adopted by Georgian Dream deputies in an expedited manner in December 2024. According to the amendment, the profit tax for companies that hold a license to operate online gambling will increase from the current 15% to 20%.
, this amendment will result in an additional 115 million GEL in the budget. Gambling companies, and in particular those firms that provide gambling services to customers electronically, are taxed under a different profit tax regime than other sectors. From 2022, they will be taxed not on distributed profits, but on 15% of their net gambling revenue (GGR), which is 15% of the difference between bets received and winnings paid out.