Currently, New Hampshire imposes one of the highest gambling taxes in the United States, setting the bar at 10% on all gambling earnings. Further, the IRS requires the state to withhold a 24% federal gambling tax on winnings over a specific bracket.
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The Philippines is undergoing a pretty significant shift in its gambling industry. The latest, however, seems to be a complete step backward, as a senator is calling for a complete ban on all forms of online gambling.
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