ONLINE WORLD NEWS Playtech will transfer tax residence to the UK in early 2021 3 years ago Szarlot Post Views: 361 Playtech will propose to migrate its tax residency from the Isle of Man to the UK in early 2021, the company said in a notice calling for a general meeting on Dec. 18 to consider proposed amendments. The company argued that the migration from the Isle of Man to the United Kingdom would “better align it with its expected future operational substance” and “encourage greater shareholder participation.” The company stated that it was incorporated and tax registered in the Isle of Man because at that time it was considered to be the most suitable tax regime for the purposes of the business’s operations. According to the notice filed Tuesday, the board now believes that there would be an overall benefit to migrating the company’s tax residency to the UK with effect from early 2021 to “better align it with its expected future operational substance.” The move would allow board meetings and board decisions to take place in the UK. In addition, Playtech said it would be able to hold shareholder meetings in the UK as a matter of course to encourage greater shareholder participation. Source: yougonet.com About Post Author Szarlot I am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. See author's posts SzarlotI am a fan of casino games especially roulette and blackjack. After that I analyze current events in the gambling industry. Facebook Twitter LinkedIn Email Print Tags: Playtech, tax residence, United Kingdom Continue Reading Previous What makes a good betting providerNext How South African fraud history strengthened investors More Stories ONLINE WORLD NEWS Techstars Toronto Selects 10 African Startups for 2023 Summer Accelerator 21 hours ago Szarlot CASINO ONLINE Playing Slots Online: A Comprehensive Guide 24 hours ago Tools ONLINE SOUTH AFRICA MTN outlines big financial services expansion plan 2 days ago Szarlot ONLINE WORLD NEWS Slot Machines with Football Themes: How to Score Big Wins 2 days ago Szarlot EXPERTS WORLD NEWS From Retail to Online Casino in Africa: A Transformative Journey 5 days ago Iwo Bulski HISTORY WORLD NEWS ‘Last Mafia Godfather’ Matteo Messina Denaro Dead at 61 6 days ago Iwo Bulski BETTING WORLD NEWS BetConstruct introduces iGaming Bot, a new application for Telegram 1 week ago Samuel GAMES ONLINE FRESH CRUSH 1 week ago Iwo Bulski KENYA ONLINE What kind of betting predictions are available to bettors in Kenya? 1 week ago Szarlot ONLINE SOUTH AFRICA List of best no deposit casinos bonus South Africa 2023 1 week ago Samuel GAMES ONLINE Burning Seven 2 weeks ago Iwo Bulski ONLINE WORLD NEWS Games from Slotegrator are available on Bazed Bet 2 weeks ago Iwo Bulski Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ This site uses Akismet to reduce spam. Learn how your comment data is processed.