Scheme allows clubs to reduce tax bill if gambling profits are used for ‘community development and support’
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The New South Wales government has been urged to immediately end a “shameless rort” that allows clubs to legally funnel poker machine revenue within their own operations while claiming the expenditure as a “community benefit” that reduces their tax bill.
Clubs with more than $1m in profit from gambling are eligible for a tax break provided a proportion of that money is spent on “community development and support”. Some of those funds are distributed by the controversial ClubGrants scheme.
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