SPORTINGBET is in discussions with Spain’s Ministry of Finance over a “potential outstanding tax liability” covering its operations in the region.
The period under discussion is between January 2009 and May 2011.
A further announcement would be made in due course, Sportingbet stated to the stock exchange.
Its share price was down 3.25p, to 25p, in this morning’s trading.
For more companies and markets information visit the Share Price Centre.
The current business rates system is over-complex and reform is needed, but reforms should focus first of all on simplifying the appeals process, particularly for businesses which are subject to business rates exemption
The CIoT has called on the government to rethink its approach to ensuring online sellers pay the correct amount of VAT.
Jane Ellison to serve as 'tax minister' following ministerial responsibilities for public health. David Gauke become chief secretary to the Treasury
Head of editorial Kevin Reed discusses the accountants in the new cabinet; the FRC's report into audit market concentration; and the Top 40 International Networks Survey 2016