Latest disclosures include clubs who claim millions spent on their own golf and racecourses as donations to broader communityGet our breaking news email, free app or daily news podcastPoker machine venues in Victoria have significantly increased the amount of gambling revenue they are spending on themselves, while justifying it as a “community benefit” to get a tax cut.Victoria’s community benefit scheme provides a tax cut to clubs that reinvest 8.33% of gambling revenue back into the community. But these clubs are able to list upgrades to their own golf courses, renovations and operating costs – which help keep gambling rooms open – as community benefits.Sign up for Guardian Australia’s breaking news email Continue reading…
Source link : https://www.theguardian.com/australia-news/2024/dec/02/victoria-clubs-give-more-money-to-themselves-in-guise-of-community-benefits-for-tax-breaks
Author : Henry Belot and Benita Kolovos
Publish date : 2024-12-01 23:00:07
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Victoria clubs give more money to themselves in guise of ‘community benefits’ for tax breaks
