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Do I have to pay taxes on casino winnings in Russia?

Do I have to pay taxes on casino winnings in Russia?

canada no deposit bonusTaxes on winnings at online casinos in Russia In Russia, the prohibition applies only to the organization of gambling, and you can place bets, and the only law that punters can violate is tax evasion. So, the law has a clear answer to the question of whether or not it is necessary to pay tax. How much do you need to pay? The casino winnings go as a kind of income, to which the standard rate of 13% applies. The fact that gambling winnings are income is specified in article 228, paragraph 5 of the NKRF. How to pay correctly? Old order, before January 1, 2020 Previously, with winnings at online casinos, the key was withdrawal to a bank card. That is, how much you withdraw is considered a win. For example, if you made a deposit of $ 200 and your winnings are $ 50 %s... When withdrawing $ 250, this amount was taxed. The income had to be declared by the end of April next year, and paid by July 15th. Until you withdraw your money, you didn't have to pay anything. As soon as the money was in your account, it was considered that you received income that needs to be declared. This means filling out the 3-NDFL form and submitting it to the tax authority at the place of registration. Winnings up to 4,000 rubles are not taxed (Article 217, paragraph 28 of the NKRF). But it doesn’t work like that, that you received ten winnings of 3,000 rubles each, collected them all, withdrew and did not pay tax. Here, the amounts will not be calculated individually, but in general %s... That is, 30,000 rubles. In this example, the calculation of the tax amount is as follows: (30,000 - 4,000) * 13%= 3,380 rubles. We deduct 4 thousand from 30 thousand, since this amount is not taxed. If you play for dollars or other foreign currency, then it will need to be converted into rubles. For this, the Central Bank rate is used for the day when your money was withdrawn from the casino. Not when you fill out the declaration and not on the day the winnings were received, but exactly at the moment when the casino brought them to you. The key to taxing casino winnings is “withdrawal”. If you win a million, you don't owe anything until you withdraw money %s... It is then that the winnings are recorded as income.canada no deposit bonus New rules In September 2019, the State Duma adopted federal law number 325-FZ, which entered into force on January 1, 2020. The law refers to changes in article 214.7 of the NKRF. Now, in accordance with paragraph 3 of this article, tax must be paid on the difference between winnings and expenses. That is, take away the cost of buying chips from the winnings. However, further in the document, land-based establishments are implied, because it speaks of the accrual procedure. Gambling establishments take data from their cash registers and send the data to the tax authority %s... They calculate the amount to be paid and send a notification to the punter. The punter, having received the notification, must pay the tax no later than December 1. But since there are no separate guidelines for online casinos, the new procedure is applied to online games as well. And this means that you need to subtract the amount of deposits from the amount of withdrawals, and then subtract the tax-free base of 4,000 rubles and multiply by 13%. On this topic, American online casino. Who can play and where, how much does the license cost? (Conclusions - deposits - 4,000 rubles) * 13% If in land-based casinos the punter's expense is recorded by cash registers, then in online establishments it is still easier. The punters keep data on deposits. 4,000 rubles remained a non-taxable base, so this amount still needs to be subtracted %s... This is provided for in article 217 of the NKRF. The new procedure for calculating the amount of tax is more fair and eliminates the need for online punters to request withdrawals as rarely as possible. After all, according to the old rules, each conclusion was considered a win. And if you enter and withdraw the same funds, then the punter does not become richer from this, and according to the law, the taxable amount grew with each withdrawal. Do I need to pay? By law, you have to pay. But in reality, things are different. Apparently, punters are not inclined to share their winnings with the state. For those who play on small things, tax evasion shouldn't be a problem at all %s... But big punters need to be careful. Information about transactions from 600,000 rubles and more is automatically sent to the tax office. Therefore, high rollers do not withdraw large sums at a time, but break them down into small withdrawals. Additionally, it is recommended to transfer to different banks and preferably private ones. If you are a conscientious person and cannot help but pay, then do not withdraw too often. If you know that you will be replenishing your account anyway, it is better to let the money remain in your casino account. So you save yourself the need to draw up conclusions as income. Consequences of tax evasion Rare punter pays tax on winnings from online gambling %s... But the tax service has the right to punish for this, if, of course, it proves that you have violated the law. What is the punishment? You will be offered to declare income and pay a fine - 5% for each month of delay, the amount of the fine cannot be more than 30% of the amount. But depending on the amount that you did not pay, criminal liability is possible: Failure to pay more than 900,000 rubles is considered large-scale tax evasion. And this is already criminal liability, for which a fine of 100-300 thousand rubles or imprisonment up to 6 months is required (Article 198 of the Criminal Code of the Russian Federation). From 4,500,000 rubles - extra large size. Punished with a fine of up to 500,000 rubles or imprisonment for up to 3 years (Article 198 of the Criminal Code of the Russian Federation). A real example of criminal prosecution In 2017, a poker punter, Mikhail Lakhitov, was prosecuted for not paying taxes on winnings. In 2011, he became the champion of the famous WSOP with a buy-in of $ 2,500, winning almost $ 750 thousand %s... In his career there have been victories in European tournaments. As a result, the tax authorities calculated that Lakhitov owed the state about 4 million rubles for the period from 2011 to 2013. The punter did not pay taxes and fines for non-payment, moreover, he did not appear before the investigator, so he was put on the federal wanted list. So punters who win big money should be careful and careful about taxes. Who paid or pays tax on casino winnings? Share your experience in the comments.
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