Clause 7 - General betting duty: betting exchanges
Finance Bill
10:45 am
Mr Michael Jack (Fylde, Conservative)
I have been following the hon. Gentleman's argument closely. I am not an expert in this area, so can he tell me whether, in the traditional sense of placing a bet, one can place bets through the
internet offshore of the United Kingdom, where the tax regime is more beneficial, notwithstanding the change in tax arrangements on betting? That would seemingly put offshore betting on a par with the exchanges that the hon. Gentleman mentions in the amendments.