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Rossi believes the ISC in Peru is an example of a government implementing new taxes without truly understanding how the industry works, and the potential impacts on channelisation to licensed offerings.
“Peru has been quite successful in channelling customers into the regulated framework,” Rossi comments. “The risk is that this channelisation can decrease in favour of the black market. We know the black market won’t have any consumption tax.
“There should be, in my opinion, a review of the whole ISC or consumption tax framework and find a kind of alignment or a better way to get an income in terms of taxes, but that should be balanced in order to avoid the disruption of businesses and a migration of customers to the illegal market.”
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Villarreal vs. Red Bull Salzburg (Agg 2-0) (5.55pm GMT kick-off)
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The Luxor has not announced a return date, though as of Friday night, Monday’s 8 p.m. performance was still listed on sale.
This is a developing story. Check back for updates.
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