Peru bill proposes raising online betting consumption tax to 5%

A bill proposed in Peru seeks to raise the selective consumption tax (ISC) on online bets from 1% to 5% of each wager , citing concerns over problem gambling and the need to increase tax revenue. Proposed by the parliamentary group of the Civic Works Party, the measure would apply exclusively to online betting , leaving land-based gambling unaffected. The proposed ISC would remain separate from the existing 12% gaming tax levied on the gross gaming revenue (GGR) of remote gaming and sports betting operators.