CPA Australia audiocast     Gambling tax: should the ATO tax your winnings?
 

Gambling tax: should the ATO tax your winnings?

Winnings from gambling are tax-free in most jurisdictions, including Australia.

Given that the majority of gamblers lose – Australians lost close to A$24 billion in 2016-2017 – would there be any point to a gambling tax on your winnings?

Listen to the story.