A policy response to the e-commerce revolution: The case of betting taxation in the UK

• 成果类型: Article
• 署名作者: Paton, D; Siegel, DS; Williams, LV
• 署名单位: University of Nottingham; Rensselaer Polytechnic Institute; Nottingham Trent University
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/1468-0297.00045
• 发表日期: 2002
• 页码: F296-F314
• 关键词: state lotteries; ad-valorem; taxes; revenue; demand; IMPACT; sales

摘要

Several environmental changes in the 1990s - including the introduction of a national lottery the rise of Internet gambling, and the reduction of trade barriers within the EU - induced the UK government to initiate a large-scale review of betting ditty. As a result of this review, the, government recently announced a significant reduction in betting taxes. They, also decided to replace the current, general betting duty (GBD), levied as a proportion of betting stakes, with a gross profits tax (GPT), based on the net revenue of bookmakers. We examine the economic rationale behind these decisions and demonstrate how these tax changes have broad implications regarding optimal levels of taxation tot other sources of government revenue.