Thursday, October 22, 2020
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Gamblers routinely evade taxes, Board of Audit says

A survey by the Board of Audit found that about 80 percent of big winners in horse racing and bicycle racing fail to report their gambling earnings to the tax authorities.

Foreign tourists may also face gambling profits tax

Some foreign tourists who win at casino games at Japanese IRs may be hit with an income tax bill  before they leave the country, according to a report in the Asahi Shimbun.

Taxing the casino winners

Debate in the Diet over the IR Implementation Bill has revealed that the Japanese government likely intends to tax any players who come out ahead in their casino gambling, though the matter is still being debated among the bureaucrats.

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