Gambling Duties Bill

The Gambling Duties Bill aims to streamline the regulation and taxation of lawful gambling activities in Singapore.

It establishes a framework for the imposition and collection of gambling duties on authorized betting operators and lottery promoters, replacing the previous Betting and Sweepstake Duties Act.
The bill sets out the definitions of key terms related to gambling, outlines the duties owed, and specifies the responsibilities of taxable persons managing gambling activities.
Provisions for the administration of duties include requirements for returns, record keeping, and penalties for non-compliance or evasion of payment.
It allows the Minister to delegate authority in the administration of gambling duties and provides guidelines for regulations to be made under this Act.
The bill includes consequential amendments to related acts, ensuring an integrated legal framework around gambling regulations and enforcement in Singapore.

The Gambling Duties Bill aims to streamline the regulation and taxation of lawful gambling activities in Singapore.

It establishes a framework for the imposition and collection of gambling duties on authorized betting operators and lottery promoters, replacing the previous Betting and Sweepstake Duties Act.
The bill sets out the definitions of key terms related to gambling, outlines the duties owed, and specifies the responsibilities of taxable persons managing gambling activities.
Provisions for the administration of duties include requirements for returns, record keeping, and penalties for non-compliance or evasion of payment.
It allows the Minister to delegate authority in the administration of gambling duties and provides guidelines for regulations to be made under this Act.
The bill includes consequential amendments to related acts, ensuring an integrated legal framework around gambling regulations and enforcement in Singapore.

Summary