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Bonus & offers: Tax devours cashback

Topic created on 12th Jun. 2023 | Page: 1 of 2 | Answers: 21 | Views: 2,511
evopower140
Expert

Tax devours cashback

12th Jun. 2023, at 09:43 am CEST#1
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Good morning

Is it with you also so that the tax devours the Cashback?

Or do I have a thinking error?

With Pino and Platinum I have the problem for example Pino 450 pure and played the whole evening cashback were 5.80 euros I had only a loss of 58 euros on the evening so only the tax can have reduced my Cashbackt

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nova82
Rookie

Tax devours cashback

12th Jun. 2023, at 10:49 am CEST#2
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so if you have only 58€ loss and have received 5.80€ are the 10% cashback. the Cashback is not on the Deposit but the losses.

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evopower140
Expert

Tax devours cashback

12th Jun. 2023, at 11:27 am CEST#3
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nova82 wrote on 12.06.2023 at 10:49 clock: so if you have only 58 € loss and have received 5.80 € are the 10% cashback. the Cashback there is not on the Deposit but the losses.

Me already clear if I but 450 deposit and have no payout and play the whole evening and have only 58 euros loss then I have paid for this evening 392 euros tax have yes the loss anyway that is already violent

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T0uchTheSky
Elite

Tax devours cashback

12th Jun. 2023, at 11:46 am CEST#4
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If you would have played in another casino without tax, instead of 58 euros loss you would have 334 euros win, so think about it and screw the cashback.

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gamble1
Icon

Tax devours cashback

12th Jun. 2023, at 11:51 am CEST#5
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evopower140 wrote on 12.06.2023 at 11:27 am:

I already clear if I but 450 Deposit and have no payout and play the whole evening and only 58 euros loss have then I have paid for this evening 392 euros tax have yes because loss nevertheless that is already violent

Yes of course so seen the tax is actually to blame

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T0uchTheSky
Elite

Tax devours cashback

12th Jun. 2023, at 12:17 pm CEST#6
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Does anyone know how much money the casino pays to the state in this case?

The casino has collected only 58 euros, respectively the Te has made only 58 euros loss. In total it was 392 euros tax. Does the casino now pay 392 euros to the state? If so, then it makes no sense, because instead of 58 euros in profit, the casino makes a loss of 334 euros.

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gamble1
Icon

Tax devours cashback

12th Jun. 2023, at 12:43 pm CEST#7
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T0uchTheSky wrote on 06/12/2023 at 12:17 PM: Does anyone know how much money the casino pays to the state in this case?

After all, the casino only cashed out 58 euros or the Te only made a loss of 58 euros. In total it was 392 euros tax. Does the casino now pay 392 euros to the state? If so, then it makes no sense, because instead of 58 euros win makes the casino 334 euros loss.

To customer A it makes loss but customer B-Z play the yes again because in the end, the cash register will be right

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evopower140
Expert

Tax devours cashback

12th Jun. 2023, at 12:57 pm CEST#8
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So there I'm not so sure because because of the taxes on the spins make the net only loss on the payouts but also to players who have a long season in the evening

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Stromberg
Legend

Tax devours cashback

12th Jun. 2023, at 12:57 pm CEST#9
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This implementation of the tax is simply madness... I do not even understand how this can be legal. 😄
How can I pay for a customer A for the accounting period xy ( from Deposit to withdrawal or total loss) in some circumstances more tax than he has paid in. I find this somehow so abstruse that I can not imagine that there is nothing that legally speaks against it🤣

Sure the casinos get it again, but still not comprehensible...

In fact, it is with the bets yes the same principle, and for a long time, so there will probably be nothing to object...

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T0uchTheSky
Elite

Tax devours cashback

12th Jun. 2023, at 12:57 pm CEST#10
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gamble1 wrote on 12/06/2023 at 12:43 PM:

To customer A it makes loss but customer B-Z play that yes again because in the end the cash register will be correct yes

Had earlier a thinking error, because if there were no tax, the 334 euros would have been yes at the TE and he would have made a win, and the casino leads yes this money only as tax to the state. I.e. Casino and Te have made a loss, only the state has enriched

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GoodFellas
Amateur

Tax devours cashback

12th Jun. 2023, at 07:43 pm CEST#11
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Am not so sure if the tax really goes to the state.Would yes their own gambling treaty not comply.Besides, but the regulated casinos would protest, because they comply with all the rules, right?

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gamble1
Icon

Tax devours cashback

12th Jun. 2023, at 09:24 pm CEST#12
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GoodFellas wrote on 12.06.2023 at 19:43: Am not so sure if the tax really goes to the state.Would yes their own gambling treaty not comply.Besides, but the regulated casinos would protest, since they comply with all the rules, right?

Well basically you pay even on illegally earned money taxes in DE

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GoodFellas
Amateur

Tax devours cashback

12th Jun. 2023, at 10:27 pm CEST#13
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gamble1 wrote on 12.06.2023 at 21:24:

Well basically you also pay taxes on illegally earned money in DE

But do not understand why then the illegally acting casinos from the supervisory authority for gambling do not get one on the bag, but tax law is still worked together.Can none of us check whether the tax is really paid to the state.

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evopower140
Expert

Tax devours cashback

13th Jun. 2023, at 09:36 am CEST#14
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I'm not so sure about that either, but it's clear that Platin pays as much tax as all the Germans together, not even 5 seconds and not a maximum stake of one euro.

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Gambler255

Tax devours cashback

14th Jun. 2023, at 12:33 am CEST#15
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So who plays at casinos with tax, must be abandoned by all good spirits. The casino already has the usual 2-5% advantage through the RTP, but the tax doubles to triples this disadvantage again. With 5% tax you have just after 20X turn over your Deposit 100% of the deposit transferred to the state. The implementation is as already said here really complete madness and pulls the gambling addicts again extra MASSIVE money from the pocket.

Btw. I do not believe that Platin actually pays the tax to the German state. They don't comply with any other regulation of the GlüStV (1€ max Bet, 5 Sec Spins, LUGAS, OASIS, etc pp). Not for nothing is the whole in the terms and conditions of those "fee" and not "tax". They will put this coal aside, if they are ever ordered by a court to make a payment, that they can take the money from somewhere.

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