Mr. Green Having Tax Issues in Austria

Internet betting firm Mr. Green is currently embroiled in a tax dispute in Austria, which could result in the company being forced to pay back taxes worth SEK 100 million (£8.59 million).

The dispute between Mr. Green and Austrian regulators goes back 3 years and is related to the company taking issue with the country's 40% tax on gross gaming revenue that occur in the country's borders. Mr. Green is saying that the tax law violates both constitutional law in Austria and runs contrary to laws put into place in the European Union.

Commenting on the issue a Mr. Green statement read: "We dispute the tax liability. But the consequence of a loss in the legal process is so extensive that Mr. Green and Co. have chosen to provide information regarding implementation of a self-correction.”

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