A Dublin City University academic has warned that doubling the betting tax will close 400 bookmaker shops and could have a “negative exchequer impact”.
Economist Anthony Foley analysed the impact of increasing the tax from one per cent to two per cent on behalf of the Irish Bookmakers Association (IBA).
Foley, who is emeritus associate professor of economics of DCU, said in the conclusions to his report: “It is very unlikely, given the state...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team