Tax-Free Gambling: Countries Allowing Casino & Sports?
- Thread starter Mister Sir
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Sportsbetting, online poker, and casino are all tax free for Estonian tax residents, but only EU regulated platforms.
If you gamble within EU/EEA (EU/EEA licensed casinos) and reside in EU/EEA, winnings are usually (but not always) tax free.
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This is the probably the answer to your question.
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This is the probably the answer to your question.
Indeed. There are so many ifs and buts in tax law that someone would be crazy to give a definitive answer, especially when you add gambling to the mix. The general rule is that intra-EU/EEA gambling is tax free. But exceptions apply here and there.
For example, if you're a professional gambler, it might be considered taxable income. That's the case in Australia, Canada, and a few other places, where gambling winnings are otherwise not considered income and therefore not taxed.
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This is the probably the answer to your question.
For example, if you're a professional gambler, it might be considered taxable income. That's the case in Australia, Canada, and a few other places, where gambling winnings are otherwise not considered income and therefore not taxed.
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This is the probably the answer to your question.
I know only so much that Ive come across helping some pro poker players and sportsbettors relocate and optimize taxes, but perhaps this will help: The Gambling Law Review - The Law Reviews: Title
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