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Kathmandu Collects 8.4 Million In Tax From Five Casinos In One Week

Within just a week, the Kathmandu Metropolitan City Office revealed that it had collected around 8.4 million Nepalese Rupees from five casinos in the region. Only two casinos are left to pay off the tax to the local government.

A seven-day deadline was given to the casinos to pay the taxes, or they would have to face sanctions. According to the city municipal government, failure to pay the tax amount will result in legal action

A letter to the seven casinos in Kathmandu was sent in the first week of September. The revenue department in the city ordered the casinos to pay the entertainment tax within a week. The city’s chief of the Revenue Department, Shivaraj Adhikari, said that the casinos had not sent taxes since the fiscal year of 2018 – 1019.

Under the province’s Financial Act, every casino must pay the local government 50 Nepalese Rupees as entertainment tax for each customer, stated Adhikari. The letters were sent out by the Kathmandu Metropolitan City as the casino owners were refusing to answer calls from the government bodies.

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According to the city authorities, the following casinos have paid the taxes after receiving the notice:

1. Deltin Casino, Marriott Hotel
2. Casino Palace, Hotel De L’ Annapurna
3. Pride Entertainment and Recreation, Hyatt Recency
4. Casino Mahjong, Hotel Soaltee
5. Balco Casino, Hotel Aloft
6. Bally’s Nepal Casino, Malla Hotel

The remaining two casinos that are yet to pay the entertainment taxes are:

1. Casino Rad, Radisson Hotel
2. Royal Casino, Hotel Yak & Yeti

The two casinos have reportedly stopped operating due to the non-payment of the taxes. Out of the various casinos in Nepal, the government had received around 810 million Nepalese rupees as royalties early this year.The directive was given by Prem Bahadur Ale, the Minister of Culture, Tourism, and Civil Aviation, and the royalty amounts were collected in accordance with it.

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