North Carolina lawmakers approve tax overhaul affecting sports betting operators
AI Summary
North Carolina is one step closer to changing several tax rules tied to its legal online sports betting market after lawmakers approved a wide-ranging revenue bill. Senate Bill 595 , titled “Various Revenue Laws Changes,” has cleared the General Assembly and now awaits action from Gov. While the legislation covers many tax issues, it also includes several provisions that directly affect licensed interactive sports wagering operators and some players who collect gambling winnings.
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