The latest innovation from the Spanish digital games association Jdigital, headed by Sacha Michaud, is a working group dubbed the "Fiscal Committee" which will work on ideas and share knowledge with stakeholders aiming at improving the stringent tax structure of 25 percent on net income that is applied to operators in the Spanish online gaming market.
Its actions will include meetings, debates and studies with private and public entities, focusing on the effect the current taxation has on the Spanish gaming industry.
Michaud explained the move, saying: "Since the creation of Jdigital we have shown our willingness to be proactive and work together to build a better policy framework for the industry.
"By creating this committee JDigital takes another step forward, facilitating the flow of knowledge in an area as important as the taxation of online gaming that has great relevance with regard to boosting growth of the sector."
He also added that if tax regime is improved, competitiveness in the sector will bloom and boost industry results, thereby benefiting the Central Government, consumers and business alike. In the opinion of JDigital, the current regime leads makes it difficult for operators to be highly profitable.