Compliance Updates

Russian President Vladimir Putin Tightens Tax Controls

Published

5 years ago

October 7, 2020

Niji Narayan

Russian President Vladimir Putin Tightens Tax Controls

Reading Time: < 1 minute

Russian President Vladimir Putin has signed a bill into law that will require casino operators to step up their identification of patrons in a bid to improve tax revenue.

It obliges the company to ensure the provision in the cashier’s receipt of the customer’s surname, first name, the series and number of the client’s passport or his taxpayer identification number. This data will allow the tax authorities to fully identify visitors of casinos and slot machine halls in order to calculate the amount of tax on their winnings.

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Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.