Betting tax bill must go to European Commission

Betting tax legislation should be forwarded to the European Commission three months before being passed into law, president of the National Betting Authority Ioanna Fiakkou has said.

Speaking at the House finance committee on Monday, Fiakkou said this position was based on an opinion drafted by the authority’s legal advisor.

The committee began discussing a proposed amendment, according to which the percentage of net revenue from betting, submitted by the Cyprus Sports Organisation...