Victoria’s clubs give more money to themselves in guise of ‘community benefits’ for tax breaks
by Henry Belot and Benita Kolovos from World news | The Guardian on (#6SMH4)
Latest disclosures include clubs who claim millions spent on their own golf and racecourses as donations to broader community
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Poker machine venues in Victoria have significantly increased the amount of gambling revenue they are spending on themselves, while justifying it as a community benefit" to get a tax cut.
Victoria's community benefit scheme provides a tax cut to clubs that reinvest 8.33% of gambling revenue back into the community. But these clubs are able to list upgrades to their own golf courses, renovations and operating costs - which help keep gambling rooms open - as community benefits.
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