US EditionNorth Carolina lawmakers expected to double rate of online sports betting tax
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North Carolina lawmakers expected to double rate of online sports betting tax
Lawmakers in North Carolina have motioned to double the rate of tax for online sportsbooks. As part of the state Senate’s proposed budget, Senate Bill 257, for the 2025-2027 fiscal cycle put forward on Monday April 14, Republicans are looking to hike the tax rate from 18% to 36% from October 1 this year. If successful, the twofold increase would place the Tar Heel State’s tax rate as the joint-fourth highest in the US, only topped by New York …
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