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TAX
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NSW
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VIC
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QLD
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WA
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SA
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TAS
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NT
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ACT
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POKER MACHINE TAX
(referred to in some States as "Gaming Machine" tax.)
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Gambling Licence Fee:
Tattersalls is required to pay annually for the duration
of its licence = (ending April 2012) 30% of its net profit or $35.0m (included
annully by = CPI) whichever is higher. |
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Federal Hotels Ltd has exclusive
rights to conduct = casino operations and operate gaming machines in Tasmania.
The tax is = based on Federal Hotels' total gross profit earned in a financial
= year. |
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| Clubs: |
From 1.2.98:
Levied on annual profits derived from gaming machines
(Poker Machines = and Approved Amusement Devices.)
0-$100,000 0%
$100,001- $200,000 1%
$200,001-$1m. 22.5%
>$1m. 30%
(Limits apply to the number of Approved Amusement Devices
Clubs can = operate on their premises)Flat 30% rate for multi-terminal
gaming = machines since 1.3.97 |
33.33% of gross profit (net
cash balance).
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Based on
metered win:
$0-$10,000 10%
$10,001-$75,000
27%
$75,001-$150,000
30%
$150,001-$300,000
33%
$300,001-$1,400,000
35%
over $1,400,000 45%
(Includes Sports and Recreation Levy, Charities and Rehabilitation
Levy = and Gaming Machine Community Benefit Levy). |
No gaming machines |
Tax based
on annual net gambling revenue in a = financial year.
$0-$399,000: 35%
$399,001-$945,000:
$139,650 + 40% ofexcess
above $945,000:
$358,050 + 45% of excess
In addition, a 0.5% surcharge is imposed on each of the
above percentage = tax rates. |
From 1.1.97.
<$30m: 25%
$30m - <$35m:
30% of excess
$35m:
35% of excess.
In addition, a community support levy of 2% of gross
profit is = levied. |
47% of gross
profit.
Draw Card Machine
Community Benefit Levy of 3% of turnover |
1% of first $8,000 gross monthly
club gaming machine = revenue,
22.5% of revenue from $8,000 to $25,000 and 23.5% = thereafter. |
| Hotels:
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Levied on
annual profits derived from gaming machines = (Poker Machines and Approved
Amusement Devices.)
$1-$25,000. 15%
$25,001-$400,000. 25%
$400,001-$1m. 35%
>$1m. 40%
(Limits apply to number of Poker Machines Hotels can
operate on their = premises) |
41.67% of gross profit (net
cash balance) - of which = 8.33% is allocated to a Community Support Fund. |
50% of metered
win.
(Includes Sports and Recreation Levy, Charities and Rehabilitation
Levy = and Gaming Machine Community Benefit Levy). |
No gaming machines.
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As for clubs |
As for clubs
In addition, a community support levy of 4% will be levied.
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47% of gross
profit and a Community Benefit Levy at = 25% of gross profit.
Draw Card Machine
6% of turnover (of which 3% is paid to charities and
sporting = clubs). |
35% monthly gaming machine
revenue (Hotels and = Taverns). |
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TAX
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NSW
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VIC
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QLD
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WA
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SA
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TAS
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NT
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ACT
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| Reference Period: |
Payments
are quarterly, relating to the previous 3 = month's transactions. |
Payments are weekly, relating
to the transactions in = the week, 2 weeks prior. |
Payments
are made monthly relating to the previous = month's turnover. |
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Payments
are made monthly relating to previous months = activity. |
Payments relate to previous
month's gross = profit. |
Payments
are quarterly, relating to the previous 3 = month's transactions |
Payments are monthly and relate
to transactions in the = previous month. |
CASINO
Licence fee: |
A once only non refundable lump sum payment of = $376m. |
Crown has agreed to pay a further $100.8 million in =
monthly instalments of $2.8 million beginning January 1996, over three
= years, as an additional licence fee payment in return for the Government
= agreeing to an increase in the number of tables in the permanent casino
= which opened on 8 May 1997. |
$125,000 per quarter.
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$1.74 million p.a. (indexed to CPI).
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$5,000 per month. |
$60,800 per month, indexed annually
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Not imposed. |
$540,000 |
| Tax Rate: |
20% of gross
revenue from table gaming and 22.5% of = gross revenue from slots plus
super tax on table revenue above = $222.6m p.a. at 1% per each $5.565m
to a maximum of 45%. |
Regular Players:
21.25% of gross gaming revenue plus super tax.
Super tax - 1% for each $20m of gross gaming revenue
above $500m (CPI = adjusted from 1994) up to maximum of 20% on gross gaming
revenue over = $880m (CPI adjusted from 1994).
The maximum total tax on marginal revenue is 41.25%.
Commission-based Players: Concessional rate of 9% plus
a super tax = (additional 1.0% for every $20m) on gross gaming revenue
above $160m = (CPI adjusted from 1994) to a maximum tax on marginal revenue
of = 21.25%. |
20% of gross
revenue for Gold Coast and Brisbane = casinos and 10% of gross revenue
for Townsville and Cairns casinos.
Junkets:
10% of gross gaming revenue for Gold Coast and Brisbane
casinos and 8% = for Cairns and Townsville casinos.
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15% of gross revenue.
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Higher of:
20% of net gambling revenue;
OR
Table games at 13.75% of net gambling revenue plus
gaming machines based on annual net gambling revenue
in a financial = year at:
$0-$900,000 35%
Above $900,000
$315,000 + 40% of excess. |
Federal Hotels Ltd has exclusive
rights to conduct = casino operations and operate gaming machines in Tasmania.
The tax is = based on Federal Hotels' total gross profit earned in a financial
= year.
Video gaming (poker machines):
<$30m: 25%
$30m - <$35m:
30% of excess
$35m:
35% of excess.
Other gaming -
15% of gross revenue. |
General
Casino Tax at the rate of 8% of gross profit = derived from all gaming
other than poker machine gaming.
Poker Machine Tax from 1.7.97 to 30.6.99 at the rate
of 17.5% on gross = profit. |
20% of gross revenue
Junket Operations:
10% of gross revenue
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