

Spain's Online Gaming Taxation Law Passed with Urgent Procedure
The taxation of online gaming in Spain has been formalized in a new law. The taxation of online gaming in Spain was published in the Boletín Oficial de las Cortes Generales with an urgent procedure on October 5, 2012. The new law allows players to deduct losses from winnings in online gaming. The changes to the tax law took effect from January 1, 2012.
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